SOL/USDT – 30M – BUYThe currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 168.200000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 161.270000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 175.340000000 |
| 2nd High | 173.460000000 |
| Next High | 168.200000000 |
| Current Price | 163.440000000 |
| Next Low | 161.270000000 |
| 2nd Low | 147.700000000 |
| 3rd Low | 145.220000000 |
168.200000000 – 166.800000000 – 153.600000000 – 161.270000000 – 163.140000000 – 147.700000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Double top retreat up