SOL/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance line at is considered certain.

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

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 228.95 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

228.950000000 – 226.000000000 – 219.790000000 – 211.690000000 – 210.790000000 – 201.480000000 — 72.452250285757 – 72.707623340622

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