SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 221.740000000 is likely expected.
Caution: A possible change in the direction of the support zone at 178.300000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Bullish Engulfing’ chart pattern is discovered. The candles form ‘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 success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 227.560000000 |
| 2nd High | 223.890000000 |
| Next High | 221.740000000 |
| Current Price | 183.140000000 |
| Next Low | 178.300000000 |
| 2nd Low | 163.110000000 |
| 3rd Low | 155.110000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing