The pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 183.350000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 176.620000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘RSI cross above 70’ indicator layout is found. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The pair is likely to go up.
Furthermore a ‘StochRSI cross above 20’ indicator layout is found. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart signal. The pair is likely to go up.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Furthermore a ‘Three Outside Up’ chart pattern is detected. The candles form ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.520000000 |
| 2nd High | 186.680000000 |
| Next High | 183.350000000 |
| Current Price | 181.610000000 |
| Next Low | 176.620000000 |
| 2nd Low | 174.210000000 |
| 3rd Low | 167.000000000 |
183.350000000 – 179.660000000 – 173.490000000 – 176.620000000 – 174.210000000 – 167.000000000 — 53.965676970397 – 56.303439968607
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –