SOL/USDT – 30M – BUYMoreover a ‘Triple bottom chart pattern’ chart formation is existing. The chart picture shows ‘Triple bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to go up.
The currency pair Solana/Tether (SOL/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 187.710000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 171.210000000 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 187.710000000 |
| Current Price | 181.860000000 |
| Next Low | 171.210000000 |
| 2nd Low | 168.710000000 |
| 3rd Low | 165.400000000 |
178.190000000 – 176.000000000 – 167.580000000 – 171.210000000 – 168.710000000 – 165.400000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Triple bottom chart pattern