SOL/USDT – 30M – BUYThe pair Solana/Tether (SOL/USDT) moves from the bearish trendline upwards
The bullish trend up to the next resistance line at 143.86 is expected.
Caution: A possible trend reversal in the direction of the support level at 141.39 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. this 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 148.44 |
| 2nd High | 146 |
| Next High | 143.86 |
| Current Price | 142.400000000 |
| Next Low | 141.39 |
| 2nd Low | 137.14 |
| 3rd Low | 130.68 |
143.86 – 143.63 – 142.82 – 141.39 – 143.21 – 143.37 — 45.065367984431 – 45.237234136192 — 25.675411917361 – 27.412960562163 – 21.991607408364 – 23.86649517725
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –