The combination Solana/Tether (SOL/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 182.020000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 176.940000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.710000000 |
| 2nd High | 184.670000000 |
| Next High | 182.020000000 |
| Current Price | 182.400000000 |
| Next Low | 176.940000000 |
| 2nd Low | 174.910000000 |
| 3rd Low | 174.800000000 |
179.750000000 – 177.880000000 – 177.770000000 – 176.940000000 – 174.910000000 – 174.800000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Northern Doji – Triple bottom chart pattern