SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 195.890000000 will persist.
Caution: A possible reversal of the trend in the direction of support at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Furthermore a ‘Bullish Engulfing’ candle pattern is discovered. The candles show ‘Bullish Engulfing’. 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 chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 209.860000000 |
| 2nd High | 198.070000000 |
| Next High | 195.890000000 |
| Current Price | 191.450000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
195.890000000 – 193.870000000 – 189.470000000 – 187.350000000 – 185.200000000 – 183.300000000 — 42.816872324335 – 44.422700151794
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – – –