The pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance level at 94.05 will persist.
Caution: A possible counter-trend in the direction of the support level at 77.12 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 237.22 |
| 2nd High | 128.13 |
| Next High | 94.05 |
| Current Price | 83.180000000 |
| Next Low | 77.12 |
| 2nd Low | 75.63 |
| 3rd Low | 67.5 |
94.05 – 90.29 – 92.1 – 77.12 – 75.63 – 79.61 —
84.080000000 – 82.960000000 —
36.144828563743 – 36.202048774111 —
– —
94.05 – 1772640000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –