The combination Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 128.75 is certain.
Caution: A possible counter-trend in the direction of support at 124.68 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Then a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 134.63 |
| 2nd High | 129.77 |
| Next High | 128.75 |
| Current Price | 131.500000000 |
| Next Low | 124.68 |
| 2nd Low | 108.21 |
| 3rd Low | 102.31 |
128.75 – 129.77 – 134.63 – 124.68 – 126.3 – 128.36 —
131.180000000 – 127.860000000 —
67.421231251383 – 49.457634822714 —
– —
128.75000 – 1768973400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –