SOL/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance at 173.490000000 will persist.

Caution: A possible trend reversal in the direction of the support zone at 166.700000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which is often a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 173.49 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 173.490000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ heading up is 82%.

173.490000000 – 169.930000000 – 164.790000000 – 166.700000000 – 162.650000000 – 161.130000000 — 61.262433390859 – 65.591752540159

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –