SOL/USDT – 30M – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at is certain.

Caution: A possible trend reversal in the direction of the support line at 211.690000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 219.79 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

219.790000000 – 217.110000000 – 205.550000000 – 211.690000000 – 210.790000000 – 201.480000000 — 60.969175601314 – 71.683484378228

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –