SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 211.970000000 is considered certain.
Caution: A possible change in the direction of the support line at 201.090000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bullish Belt Hold’. 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 likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 211.990000000 |
| Next High | 211.970000000 |
| Current Price | 211.740000000 |
| Next Low | 201.090000000 |
| 2nd Low | 200.580000000 |
| 3rd Low | 196.770000000 |
211.970000000 – 211.990000000 – 208.620000000 – 201.090000000 – 203.410000000 – 200.580000000 — 52.388966036422 – 61.852511435499
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Belt Hold – Triple top chart pattern – –