SOL/USDT – 30M – BUY

The currency pair Solana/Tether (SOL/USDT) goes from the descending trendline up.

A bullish trend upwards to the next resistance at 183.420000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 177.320000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 181.70252 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 183.420000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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).

183.420000000 – 185.870000000 – 185.700000000 – 177.320000000 – 180.000000000 – 189.940000000 — 47.413379992332 – 48.390040441709

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double top chart pattern – –