The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 68.17 is considered certain.
Caution: A possible reversal of the trend in the direction of support at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. this 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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 88 |
| 2nd High | 83.42 |
| Next High | 68.17 |
| Current Price | 73.820000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
68.17 – 83.42 – 88 – 62.34 – 63.18 – 80 —
69.110000000 – 71.500000000 —
61.231726864758 – 68.115500007059 —
– —
68.17 – 1780948800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –