Buy SOL/USDT – 1H – BUY

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

An ascending movement up to the next resistance line at 169.930000000 will persist.

Caution: A possible change in the direction of the support line at 161.130000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. this is usually a bullish chart signal. The currency pair is likely to rise.

And also a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 182.700000000
2nd High 171.730000000
Next High 169.930000000
Current Price 169.560000000
Next Low 161.130000000
2nd Low 157.230000000
3rd Low 147.700000000

169.930000000 – 171.730000000 – 182.700000000 – 161.130000000 – 164.580000000 – 170.290000000 — 61.407771740403 – 62.841011777031

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