Buy SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance at 88.51 will persist.

Caution: A possible trend reversal in the direction of the support level at 67.5 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘Bullish Belt Hold’ chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 89.2
2nd High 89.08
Next High 88.51
Current Price 79.840000000
Next Low 67.5
2nd Low
3rd Low

88.51 – 89.08 – 88.99 – 67.5 – 102.18 – 112.14 —
81.470000000 – 80.250000000 —
36.004683738688 – 35.978085955911 —
– —
88.51 – 1770660600

Trading Signals:

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