SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) moves from the descending trendline upwards

An ascending movement up to the next resistance at 134.63 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 128.36 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘%K cross above 0.2’ indicator layout is existing. The indicator is ‘%K cross above 0.2’. which is often a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Bullish Engulfing’ candlestick chart pattern is found. The candles show ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.

134.63 – 135.16 – 134.37 – 128.36 – 132.74 – 133.27 —
129.120000000 – 127.950000000 —
26.922523102512 – 23.076508982076 —
– —
134.63000 – 1768879800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – – –