SOL/USDT – 30M – BUYThe currency pair moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 224.000000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 215.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish 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 |