SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) jumps from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance level at 185.870000000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 177.320000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 182.217 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 185.870000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

185.870000000 – 195.890000000 – 189.650000000 – 177.320000000 – 180.000000000 – 185.200000000 — 42.698265756074 – 44.564647040014

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Double top retreat up – –