SOL/USDT – 1H – BUY

The combination Solana/Tether (SOL/USDT) goes from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance at 184.670000000 is certain.

Caution: A possible trend reversal in the direction of support at 173.240000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. 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’ going up is 52% (Bull Market) & 51% (Bear Market).

184.670000000 – 178.190000000 – 176.000000000 – 173.240000000 – 171.210000000 – 168.710000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Northern Doji –