SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) goes from the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance level at 178.190000000 will persist.

Caution: A possible counter-trend in the direction of the support line at 168.710000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

178.190000000 – 176.000000000 – 168.650000000 – 168.710000000 – 157.230000000 – 158.170000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Northern Doji – Triple bottom chart pattern