SOL/USDT – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance level at 195.260000000 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 173.430000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘RSI cross above 70’ indicator layout is detected. The indicator shows ‘RSI cross above 70’. this is usually a bullish signal. The currency pair could go up.

And also a ‘StochRSI fall below 80’ indicator layout is detected. The indicator shows ‘StochRSI fall below 80’. this is usually a bullish signal. The currency pair could go up.

And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 186.8 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 195.260000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

186.800000000 – 186.180000000 – 179.660000000 – 173.430000000 – 177.510000000 – 167.000000000 — 75.054922775154 – 75.434112919435

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –