Buy SOL/USDT – 4H – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the bullish trendline up.

A continuation of the uptrend upwards to the next resistance at will persist.

Caution: A possible counter-trend in the direction of the support level at 204.480000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 248.44 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three White Soldiers’ candlestick chart pattern is detected. 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 probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 254.230000000
Next Low 204.480000000
2nd Low 194.860000000
3rd Low 155.110000000

Download SOL/USDT Signal Image

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