SOL/USDT – 1H – BUYThe combination Solana/Tether (SOL/USDT) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 206.300000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 177.800000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 198.01876 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 206.300000000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 206.300000000 |
| Current Price | 191.540000000 |
| Next Low | 177.800000000 |
| 2nd Low | 174.800000000 |
| 3rd Low | 173.240000000 |
206.300000000 – 204.670000000 – 184.670000000 – 177.800000000 – 174.800000000 – 173.240000000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Triple top chart pattern –