The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance at 264.390000000 is expected.
Caution: A possible change in the direction of support at 251.470000000 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Engulfing’ candlestick pattern is detected. The chart shows ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 264.390000000 |
Current Price | 256.570000000 |
Next Low | 251.470000000 |
2nd Low | 229.600000000 |
3rd Low | 229.400000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing