The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 173.490000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at is also possible.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
And also a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.680000000 |
| 2nd High | 182.700000000 |
| Next High | 173.490000000 |
| Current Price | 169.430000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
173.490000000 – 169.930000000 – 164.790000000 – 166.700000000 – 162.650000000 – 161.130000000 — 42.257054963755 – 46.681005477467