The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 143.63 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 141.39 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 148.44 |
| 2nd High | 146 |
| Next High | 143.63 |
| Current Price | 143.140000000 |
| Next Low | 141.39 |
| 2nd Low | 137.14 |
| 3rd Low | 130.68 |
143.63 – 142.82 – 146 – 141.39 – 143.21 – 143.37 — 54.273648239098 – 54.938189474074 — 76.150263060889 – 77.758788244362 – 78.528422863398 – 76.986919562571
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double bottom chart pattern – –