In addition a ‘Double top retreat up’ chart layout is discovered. The chart forms ‘Double top retreat up’. which is a bullish signal. The pair is likely to go up.
The pair Solana/Tether (SOL/USDT) moves from the descending trendline up.
A bullish ascent up to the next resistance at 180.590000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 173.240000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Three Outside Up’ chart pattern is found. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.680000000 |
| 2nd High | 182.560000000 |
| Next High | 180.590000000 |
| Current Price | 176.850000000 |
| Next Low | 173.240000000 |
| 2nd Low | 171.210000000 |
| 3rd Low | 168.710000000 |
180.590000000 – 182.560000000 – 186.680000000 – 176.420000000 – 178.810000000 – 178.300000000 — 40.255117570916 – 43.545069629653
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – Double top retreat up –