Buy SOL/USDT – 1H – BUY

The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline up.

A continuation of the bullish trend up to the next resistance line at 190.100000000 will persist.

Caution: A possible counter-trend in the direction of the support line at 177.530000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. 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 line at 190.100000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. 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).

Support & Resistance Price Range*
3rd High 198.070000000
2nd High 195.890000000
Next High 190.100000000
Current Price 181.320000000
Next Low 177.530000000
2nd Low 175.690000000
3rd Low 173.430000000

190.100000000 – 183.420000000 – 185.870000000 – 177.530000000 – 175.690000000 – 177.320000000 — 42.813934535895 – 43.591252561186

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