SOL/USDT – 1H – BUYThe combination Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 82.67 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 85.78312 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 82.67 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87.69 |
| 2nd High | 86.09 |
| Next High | 82.67 |
| Current Price | 84.210000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
82.67 – 86.09 – 87.69 – 79.61 – 80.48 – 82.92 —
83.540000000 – 83.930000000 —
60.572267669422 – 61.83403052696 —
– —
82.67 – 1771484400