Buy SOL/USDT – 30M – BUY

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

An ascending movement up to the next resistance level at 78.88 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 74.1 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 76.89 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 78.88 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. 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 ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 82.79
2nd High 79.68
Next High 78.88
Current Price 75.560000000
Next Low 74.1
2nd Low 72.25
3rd Low 71.9

75.56 – 78.88 – 78.25 – 74.1 – 77.47 – 77.07 —
75.320000000 – 75.290000000 —
46.943434076647 – 46.691130604762 —
– —
75.56 – 1783990800

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