The currency pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 226.000000000 is expected.
Caution: A possible trend reversal in the direction of support at 211.690000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 226.000000000 |
| Current Price | 223.770000000 |
| Next Low | 211.690000000 |
| 2nd Low | 210.790000000 |
| 3rd Low | 201.480000000 |
226.000000000 – 219.790000000 – 217.110000000 – 211.690000000 – 210.790000000 – 201.480000000 — 59.236278320972 – 60.474300271021
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –