SOL/USDT – 1H – BUYThe currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 197.710000000 will continue.
Caution: A possible counter-trend in the direction of the support line at 188.570000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bullish Belt Hold’ candle pattern is found. The chart shows ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 227.560000000 |
| 2nd High | 201.850000000 |
| Next High | 197.710000000 |
| Current Price | 191.570000000 |
| Next Low | 188.570000000 |
| 2nd Low | 182.740000000 |
| 3rd Low | 176.480000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Belt Hold