Moreover a ‘Double bottom chart pattern’ chart layout is existing. The chart picture forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 253.510000000 will continue.
Caution: A possible trend reversal in the direction of support at 236.910000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 253.510000000 |
| Current Price | 240.390000000 |
| Next Low | 236.910000000 |
| 2nd Low | 235.120000000 |
| 3rd Low | 232.230000000 |
239.780000000 – 239.960000000 – 253.510000000 – 236.910000000 – 235.120000000 – 245.010000000 — 56.344759071091 – 60.373874150782
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double bottom chart pattern – –