SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) goes from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 94.17 is likely expected.

Caution: A possible change in the direction of the support line at 92.39 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Bullish Engulfing’ candlestick pattern is existing. The candles form ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.

94.17 – 92.8 – 90.44 – 92.39 – 91.73 – 87.6 —
92.960000000 – 93.510000000 —
43.345527666053 – 52.066062384937 —
– —
94.17 – 1778299200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – – –