The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 208.620000000 will persist.
Caution: A possible counter-trend in the direction of support at 200.580000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bullish Belt Hold’ chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 209.860000000 |
| Next High | 208.620000000 |
| Current Price | 205.650000000 |
| Next Low | 200.580000000 |
| 2nd Low | 196.770000000 |
| 3rd Low | 177.270000000 |
208.620000000 – 202.400000000 – 185.100000000 – 200.580000000 – 196.770000000 – 177.270000000 — 57.772798250728 – 66.10960072267
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Belt Hold – – –