SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline up.

A continuation of the uptrend up to the next resistance line at 87.02 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 81.7 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bullish Belt Hold’ candle chart pattern is found. The chart forms ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

87.02 – 81.75 – 81.61 – 81.7 – 78.38 – 79.57 —
82.650000000 – 83.940000000 —
46.967330052271 – 62.248343145021 —
– —
87.02 – 1775602800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Belt Hold – – –