The pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 186.930000000 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 176.240000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern 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 | 191.870000000 |
| 2nd High | 191.760000000 |
| Next High | 186.930000000 |
| Current Price | 186.710000000 |
| Next Low | 176.240000000 |
| 2nd Low | 175.910000000 |
| 3rd Low | 174.910000000 |
186.930000000 – 182.080000000 – 191.760000000 – 176.240000000 – 175.910000000 – 179.210000000 — 62.136929599946 – 62.229019079895
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – –