SOL/USDT – 1H – BUYThe currency pair Solana/Tether (SOL/USDT) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 92.1 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 84.34 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Three Line Strike – Bullish’ candle chart pattern is existing. The candles form ‘Three Line Strike – Bullish’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 130.94 |
| 2nd High | 128.13 |
| Next High | 92.1 |
| Current Price | 87.570000000 |
| Next Low | 84.34 |
| 2nd Low | 75.63 |
| 3rd Low | 67.5 |
92.1 – 82.99 – 86.72 – 84.34 – 75.63 – 83.97 —
86.150000000 – 87.620000000 —
47.138444432782 – 56.361543065646 —
– —
92.1 – 1772053200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Line Strike – Bullish – – –