Buy SOL/USDT – 30M – BUY

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

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