SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 206.000000000 will persist.
Caution: A possible change in the direction of the support level at could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Bullish Engulfing’ candle chart pattern is detected. The chart shows ‘Bullish Engulfing’. 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 probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 207.060000000 |
| 2nd High | 206.660000000 |
| Next High | 206.000000000 |
| Current Price | 205.110000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
206.000000000 – 206.660000000 – 207.060000000 – 197.520000000 – 199.850000000 – 205.340000000 — 52.409334265293 – 57.814041983509
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – – –