SOL/USDT – 30M – BUY

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

An ascent upwards to the next resistance at 206.000000000 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 201.500000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

206.000000000 – 206.660000000 – 207.060000000 – 201.500000000 – 197.520000000 – 199.850000000 — 60.03756980486 – 61.26144873069

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