The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance at 244.000000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 230.150000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 249.600000000 |
| 2nd High | 248.450000000 |
| Next High | 244.000000000 |
| Current Price | 236.820000000 |
| Next Low | 230.150000000 |
| 2nd Low | 221.720000000 |
| 3rd Low | 220.530000000 |
244.000000000 – 248.450000000 – 248.090000000 – 230.150000000 – 231.550000000 – 239.150000000 — 59.769539280037 – 60.916679253457
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –