The combination Solana/Tether (SOL/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance level at 205.990000000 will persist.
Caution: A possible change in the direction of the support level at 194.190000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Additionally a ‘Bearish Harami Cross’ candle pattern is detected. The candles form ‘Bearish Harami Cross’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 206.660000000 |
| 2nd High | 206.000000000 |
| Next High | 205.990000000 |
| Current Price | 204.600000000 |
| Next Low | 194.190000000 |
| 2nd Low | 193.780000000 |
| 3rd Low | 186.670000000 |
204.450000000 – 204.580000000 – 205.990000000 – 194.190000000 – 196.030000000 – 201.500000000 — 59.96474610824 – 60.076624663281
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Harami Cross – – –