SOL/USDT – 1H – BUYThe pair Solana/Tether (SOL/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 184.670000000 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 177.800000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 187.710000000 |
| Next High | 184.670000000 |
| Current Price | 192.730000000 |
| Next Low | 177.800000000 |
| 2nd Low | 174.800000000 |
| 3rd Low | 173.240000000 |
184.670000000 – 178.190000000 – 176.000000000 – 177.800000000 – 174.800000000 – 173.240000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Double bottom chart pattern