The currency pair Solana/Tether (SOL/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 86.1 is certain.
Caution: A possible counter-trend in the direction of the support level at 84.43 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
Moreover a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘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 likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.32 |
| 2nd High | 88.08 |
| Next High | 86.1 |
| Current Price | 86.490000000 |
| Next Low | 84.43 |
| 2nd Low | 84.02 |
| 3rd Low | 83.23 |
86.1 – 85.12 – 85.32 – 84.43 – 84.02 – 83.23 —
85.880000000 – 85.880000000 —
67.821149189019 – 67.242844991511 —
– —
86.1 – 1777986000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –