SOL/USDT – 30M – BUYIn addition a ‘Double top retreat up’ chart layout is found. The chart shows ‘Double top retreat up’. which is a positive signal. The currency pair is likely to rise.
The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance line at 163.900000000 will persist.
Caution: A possible change in the direction of the support line at 147.700000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Belt Hold’ candle pattern is found. The candles form ‘Bullish Belt Hold’. which 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 | 173.460000000 |
| 2nd High | 168.200000000 |
| Next High | 163.900000000 |
| Current Price | 159.860000000 |
| Next Low | 147.700000000 |
| 2nd Low | 145.220000000 |
| 3rd Low | 137.140000000 |
163.900000000 – 168.200000000 – 166.800000000 – 159.540000000 – 161.270000000 – 163.140000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Bullish Belt Hold – Double top retreat up