The pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 205.550000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 201.480000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
Next a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 210.000000000 |
| 2nd High | 205.690000000 |
| Next High | 205.550000000 |
| Current Price | 207.550000000 |
| Next Low | 201.480000000 |
| 2nd Low | 199.320000000 |
| 3rd Low | 197.370000000 |
205.550000000 – 205.690000000 – 210.000000000 – 201.480000000 – 199.320000000 – 202.070000000 — 71.507578912928 – 73.04244232821
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –