The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 240.950000000 is likely expected.
Caution: A possible change in the direction of the support level at 231.260000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 249.600000000 |
| 2nd High | 248.450000000 |
| Next High | 240.950000000 |
| Current Price | 235.110000000 |
| Next Low | 231.260000000 |
| 2nd Low | 230.150000000 |
| 3rd Low | 211.690000000 |
240.950000000 – 248.450000000 – 249.600000000 – 231.260000000 – 230.150000000 – 235.730000000 — 45.197938661789 – 46.770043045413
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –