Buy SOL/USDT – 30M – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend up to the next resistance at 179.660000000 is considered certain.

Caution: A possible change in the direction of the support line at 176.620000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘RSI cross above 70’ indicator layout is detected. The indicator shows ‘RSI cross above 70’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘StochRSI fall below 80’ indicator layout is detected. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 186.680000000
2nd High 182.700000000
Next High 179.660000000
Current Price 181.380000000
Next Low 176.620000000
2nd Low 174.210000000
3rd Low 167.000000000

179.660000000 – 173.490000000 – 169.930000000 – 176.620000000 – 174.210000000 – 167.000000000 — 63.701480943166 – 64.634379624251

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