SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) moves from the descending trendline up.

The bullish trend up to the next resistance level at 88.51 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 67.5 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ candlestick 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

88.51 – 89.08 – 88.99 – 67.5 – 102.18 – 112.14 —
87.400000000 – 86.040000000 —
52.51040966774 – 40.269030910151 —
– —
88.51 – 1770660600

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double top chart pattern – –