The pair Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 94.05 is expected.
Caution: A possible counter-trend in the direction of the support level at 77.12 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 237.22 |
| 2nd High | 128.13 |
| Next High | 94.05 |
| Current Price | 83.590000000 |
| Next Low | 77.12 |
| 2nd Low | 75.63 |
| 3rd Low | 67.5 |
94.05 – 90.29 – 92.1 – 77.12 – 75.63 – 79.61 —
83.320000000 – 84.500000000 —
38.806789299516 – 43.197194760413 —
– —
94.05 – 1772640000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –