Buy SOL/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance level at 192.070000000 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 183.510000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Bearish SBS White Lines’ candle pattern is detected. The chart shows ‘Bearish SBS White Lines’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 193.070000000
2nd High 193.020000000
Next High 192.070000000
Current Price 185.830000000
Next Low 183.510000000
2nd Low 182.000000000
3rd Low 180.730000000

Download SOL/USDT Signal Image

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