SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) breaks through the ascending trendline up.

A continuation of the uptrend upwards to the next resistance line at 183.350000000 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 178.920000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘RSI cross above 70’ indicator signal is found. The indicator shows ‘RSI cross above 70’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘StochRSI cross above 20’ indicator signal is found. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

183.350000000 – 179.660000000 – 173.490000000 – 178.920000000 – 176.620000000 – 174.210000000 — 57.852802382575 – 61.986089983154

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Belt Hold – Triple bottom chart pattern – –