SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) breaks through the descending trendline up.

An ascending movement upwards to the next resistance line at 130.2 is expected.

Caution: A possible counter-trend in the direction of the support level at 125.28 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Furthermore a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The candles form ‘Bearish SBS White Lines’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

130.2 – 129.29 – 129.76 – 126.89 – 125.28 – 126.73 —
127.270000000 – 127.230000000 —
44.978667561842 – 39.526493663014 —
– —
130.20000 – 1769189400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish SBS White Lines – – –