SOL/USDT – 30M – BUYThe currency pair Solana/Tether (SOL/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 168.200000000 will persist.
Caution: A possible reversal of the trend in the direction of support at 159.630000000 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
In addition a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 175.340000000 |
| 2nd High | 173.460000000 |
| Next High | 168.200000000 |
| Current Price | 167.480000000 |
| Next Low | 159.630000000 |
| 2nd Low | 157.740000000 |
| 3rd Low | 147.700000000 |
164.190000000 – 162.980000000 – 163.900000000 – 159.630000000 – 157.740000000 – 159.540000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Double bottom chart pattern