SOL/USDT – 30M – BUY

The pair Solana/Tether (SOL/USDT) jumps from the descending trendline up.

A bullish ascent up to the next resistance at 207.060000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 199.850000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 204.1334 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 207.060000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Outside Up’ candlestick pattern is discovered. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

207.060000000 – 214.940000000 – 218.000000000 – 199.850000000 – 205.340000000 – 207.170000000 — 37.251763821664 – 39.608560764613

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –