The pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 191.760000000 will continue.
Caution: A possible change in the direction of support at 179.210000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 206.300000000 |
| 2nd High | 191.870000000 |
| Next High | 191.760000000 |
| Current Price | 177.610000000 |
| Next Low | 179.210000000 |
| 2nd Low | 177.800000000 |
| 3rd Low | 176.940000000 |
191.760000000 – 191.870000000 – 206.300000000 – 179.210000000 – 183.970000000 – 198.390000000 — 26.982763242586 – 27.601256361369
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern –