The currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 249.600000000 is certain.
Caution: A possible trend reversal in the direction of support at 230.150000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 249.600000000 |
| Current Price | 246.660000000 |
| Next Low | 230.150000000 |
| 2nd Low | 199.320000000 |
| 3rd Low | 194.190000000 |
249.600000000 – 213.020000000 – 218.000000000 – 230.150000000 – 199.320000000 – 194.190000000 — 63.779721861583 – 65.830907107739
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –