SOL/USDT – 30M – BUYThe pair Solana/Tether (SOL/USDT) moves from the bearish trendline up.
A bullish movement up to the next resistance line at 185.870000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 177.320000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bullish Engulfing’ candle pattern is existing. 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 success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.070000000 |
| 2nd High | 195.890000000 |
| Next High | 185.870000000 |
| Current Price | 179.800000000 |
| Next Low | 177.320000000 |
| 2nd Low | 173.600000000 |
| 3rd Low | 173.430000000 |
185.870000000 – 185.700000000 – 195.890000000 – 177.320000000 – 180.000000000 – 189.940000000 — 36.266610643961 – 43.343250672557
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – – –