SOL/USDT – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance line at 195.890000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 177.530000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Next a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

183.420000000 – 185.870000000 – 185.700000000 – 177.530000000 – 175.690000000 – 177.320000000 — 61.520980011905 – 62.151248853982

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Triple bottom chart pattern – –