SOL/USDT – 1H – BUY

The combination Solana/Tether (SOL/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance line at 184.670000000 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 173.240000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. 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 existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading 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 – Double bottom retreat down