SOL/USDT – 30M – BUY

The pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance line at 76.09 is expected.

Caution: A possible change in the direction of the support level at 70.8 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Outside Up’ candle pattern is detected. The candles form ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

76.09 – 71.73 – 69.59 – 70.8 – 66.94 – 67.88 —
75.810000000 – 74.140000000 —
67.208266490736 – 48.473496511335 —
– —
76.09 – 1781541000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –