Buy SOL/USDT – 1H – BUY

The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline up.

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

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

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘RSI cross above 70’ indicator layout is found. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 186.680000000
2nd High 182.700000000
Next High 173.490000000
Current Price 172.930000000
Next Low 166.700000000
2nd Low 161.130000000
3rd Low 157.230000000

173.490000000 – 169.930000000 – 171.730000000 – 166.700000000 – 161.130000000 – 164.580000000 — 59.782612155202 – 63.24315018189

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