Buy SOL/USDT – 30M – BUY

Also there is a ‘Double top retreat up’ chart pattern is found. The formation shows ‘Double top retreat up’. this is a bullish chart scenario. The pair is likely to go up.

The currency pair Solana/Tether (SOL/USDT) jumps from the descending trendline upwards

An ascending movement up to the next resistance line at 180.590000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 175.910000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going 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 176.730000000
Next Low 175.910000000
2nd Low 174.910000000
3rd Low 174.800000000

180.590000000 – 182.560000000 – 186.680000000 – 176.420000000 – 178.810000000 – 178.300000000 — 44.453378138601 – 46.414020267845

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