The pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 206.000000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 207.060000000 |
| 2nd High | 206.660000000 |
| Next High | 206.000000000 |
| Current Price | 204.450000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
206.000000000 – 206.660000000 – 207.060000000 – 197.520000000 – 199.850000000 – 205.340000000 — 51.439161234259 – 55.081282938666
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Inverse Head and Shoulder chart pattern – –