SOL/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 164.790000000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 161.130000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Then a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. which is often a bullish signal. The currency pair could go up.

Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 169.4616 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 164.790000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

164.790000000 – 164.540000000 – 171.730000000 – 161.130000000 – 164.580000000 – 166.190000000 — 70.296917240044 – 70.392087766722

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –