The pair Solana/Tether (SOL/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 183.350000000 will continue.
Caution: A possible change in the direction of the support line at 176.620000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 183.35 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 183.350000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.520000000 |
| 2nd High | 186.680000000 |
| Next High | 183.350000000 |
| Current Price | 181.150000000 |
| Next Low | 176.620000000 |
| 2nd Low | 174.210000000 |
| 3rd Low | 167.000000000 |
183.350000000 – 179.660000000 – 173.490000000 – 176.620000000 – 174.210000000 – 167.000000000 — 53.045206515745 – 54.593663675643
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –