SOL/USDT – 1H – BUYThe combination Solana/Tether (SOL/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 191.870000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 177.800000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 206.300000000 |
| Next High | 191.870000000 |
| Current Price | 186.590000000 |
| Next Low | 177.800000000 |
| 2nd Low | 174.800000000 |
| 3rd Low | 173.240000000 |
191.870000000 – 206.300000000 – 204.670000000 – 177.800000000 – 174.800000000 – 173.240000000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double top retreat up –