The pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance line at 83.83 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 82.69 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Outside Up’ candle pattern is discovered. The chart shows ‘Three Outside Up’. 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 85.56 |
| 2nd High | 84.01 |
| Next High | 83.83 |
| Current Price | 83.610000000 |
| Next Low | 82.69 |
| 2nd Low | 82.16 |
| 3rd Low | 81.4 |
83.83 – 84.01 – 85.56 – 82.69 – 82.16 – 81.4 —
83.140000000 – 83.410000000 —
46.269178971196 – 53.15969319948 —
– —
83.83 – 1777563000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –