SOL/USDT – 1H – BUY

In addition a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture shows ‘Double bottom chart pattern’. this is a bullish signal. The pair is likely to go up.

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

An ascent up to the next resistance level at 183.420000000 is expected.

Caution: A possible counter-trend in the direction of the support level at 175.690000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 185.79 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 183.420000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

183.420000000 – 185.870000000 – 195.890000000 – 175.690000000 – 177.320000000 – 180.000000000 — 52.520823640305 – 58.431208703389

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double bottom chart pattern – –