The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 90.48 is certain.
Caution: A possible trend reversal in the direction of the support line at 87 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 91.325 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 90.48 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.65 |
| 2nd High | 91.41 |
| Next High | 90.48 |
| Current Price | 89.170000000 |
| Next Low | 87 |
| 2nd Low | 86.62 |
| 3rd Low | 86.51 |
90.48 – 91.41 – 90.86 – 87 – 88.63 – 88.55 —
89.100000000 – 89.190000000 —
50.191972566255 – 53.103841929421 —
– —
90.48 – 1773914400