The pair Solana/Tether (SOL/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 223.890000000 is expected.
Caution: A possible counter-trend in the direction of the support line at 216.220000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bullish Engulfing’ candle chart pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish pattern signal. The 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 | 234.690000000 |
2nd High | 227.560000000 |
Next High | 223.890000000 |
Current Price | 217.650000000 |
Next Low | 216.220000000 |
2nd Low | 215.680000000 |
3rd Low | 203.210000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing