Buy SOL/USDT – 4H – BUY

The pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance line at 206.300000000 is considered certain.

Caution: A possible change in the direction of the support zone at 157.230000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Moreover a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘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 chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 206.300000000
Current Price 189.870000000
Next Low 157.230000000
2nd Low 145.220000000
3rd Low 137.140000000

206.300000000 – 184.670000000 – 168.650000000 – 157.230000000 – 145.220000000 – 137.140000000 — 48.074547754828 – 49.981566591454

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