SOL/USDT – 1H – BUY

Next a ‘Double bottom chart pattern’ chart formation is existing. The chart picture forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.

The combination Solana/Tether (SOL/USDT) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance at 183.420000000 is expected.

Caution: A possible counter-trend in the direction of the support level at 175.690000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 185.79 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 183.420000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

183.420000000 – 185.870000000 – 195.890000000 – 175.690000000 – 177.320000000 – 180.000000000 — 52.520823640305 – 58.431208703389

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double bottom chart pattern – –