SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) moves from the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 184.670000000 will continue.

Caution: A possible counter-trend in the direction of the support line at 174.800000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 184.67 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 184.670000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

184.670000000 – 178.190000000 – 176.000000000 – 174.800000000 – 173.240000000 – 171.210000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Double bottom chart pattern