The combination Solana/Tether (SOL/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 177.770000000 will continue.
Caution: A possible change in the direction of the support line at 175.410000000 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.
There is also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Three Outside Up’ candlestick pattern is existing. The chart shows ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.670000000 |
| 2nd High | 182.020000000 |
| Next High | 177.770000000 |
| Current Price | 177.400000000 |
| Next Low | 175.410000000 |
| 2nd Low | 173.240000000 |
| 3rd Low | 171.210000000 |
177.770000000 – 182.020000000 – 184.670000000 – 175.410000000 – 173.240000000 – 171.210000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Outside Up –