The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 211.970000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 203.410000000 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 211.99 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 211.970000000 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 211.990000000 |
| Next High | 211.970000000 |
| Current Price | 205.160000000 |
| Next Low | 203.410000000 |
| 2nd Low | 200.580000000 |
| 3rd Low | 196.770000000 |
211.970000000 – 211.990000000 – 208.620000000 – 203.410000000 – 200.580000000 – 196.770000000 — 47.593237785636 – 47.797287020172
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –