SOL/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance line at 186.800000000 is certain.

Caution: A possible trend reversal in the direction of support at 173.430000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which is often a bullish chart signal. The currency pair could go up.

Next a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair could go up.

Next a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

186.800000000 – 186.180000000 – 179.660000000 – 173.430000000 – 177.510000000 – 167.000000000 — 84.577525078963 – 84.650999404583

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –