SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance line at 171.730000000 is certain.

Caution: A possible reversal of the trend in the direction of support at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Then a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. which is often a bullish signal. The pair is likely to go up.

Then a ‘Three Outside Up’ candlestick pattern is existing. The chart forms ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

171.730000000 – 182.700000000 – 182.560000000 – 161.130000000 – 164.580000000 – 170.290000000 — 61.902600628728 – 63.82847720211

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – Triple bottom chart pattern – –