SOL/USDT – 30M – BUYThe pair jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 224.000000000 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 215.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 224.000000000 |
| Current Price | 223.550000000 |
| Next Low | 215.000000000 |
| 2nd Low | 204.160000000 |
| 3rd Low | 199.730000000 |