SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 193.870000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 187.350000000 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 209.860000000 |
| 2nd High | 198.070000000 |
| Next High | 193.870000000 |
| Current Price | 193.360000000 |
| Next Low | 187.350000000 |
| 2nd Low | 185.200000000 |
| 3rd Low | 183.300000000 |
193.870000000 – 189.470000000 – 189.650000000 – 187.350000000 – 185.200000000 – 183.300000000 — 59.271529535303 – 60.005247677807
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –