SOL/USDT – 1H – BUYThe pair Solana/Tether (SOL/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 241.820000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 236.910000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 253.510000000 |
| Next High | 241.820000000 |
| Current Price | 238.140000000 |
| Next Low | 236.910000000 |
| 2nd Low | 235.120000000 |
| 3rd Low | 232.230000000 |
241.820000000 – 241.220000000 – 239.960000000 – 236.910000000 – 235.120000000 – 232.230000000 — 43.934551923946 – 44.07484743107
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double bottom chart pattern – –