SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.

A bullish movement up to the next resistance level at 83.24 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 80.35 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

83.24 – 83.01 – 84.84 – 80.35 – 80 – 82.86 —
82.740000000 – 82.570000000 —
52.44491995017 – 52.969855794477 —
– —
83.24 – 1780066800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –