The combination Solana/Tether (SOL/USDT) moves from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 244.000000000 is likely expected.
Caution: A possible change in the direction of the support zone at 230.150000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 239.875 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 244.000000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 249.600000000 |
| 2nd High | 248.450000000 |
| Next High | 244.000000000 |
| Current Price | 235.080000000 |
| Next Low | 230.150000000 |
| 2nd Low | 221.720000000 |
| 3rd Low | 220.530000000 |
244.000000000 – 248.450000000 – 248.090000000 – 230.150000000 – 231.550000000 – 239.150000000 — 52.417868056335 – 52.657195903612
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –