SOL/USDT – 30M – BUYThe currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 153.600000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 145.220000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 156.350000000 |
| 2nd High | 153.880000000 |
| Next High | 153.600000000 |
| Current Price | 149.730000000 |
| Next Low | 145.220000000 |
| 2nd Low | 137.140000000 |
| 3rd Low | 130.680000000 |
153.600000000 – 152.900000000 – 151.250000000 – 150.890000000 – 145.220000000 – 149.020000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Double top retreat up