SOL/USDT – 1H – BUYThe pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 211.970000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 197.370000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 218.000000000 |
| Next High | 211.970000000 |
| Current Price | 211.750000000 |
| Next Low | 197.370000000 |
| 2nd Low | 194.190000000 |
| 3rd Low | 185.330000000 |
211.970000000 – 205.990000000 – 206.660000000 – 197.370000000 – 194.190000000 – 196.030000000 — 63.240116435966 – 63.56055606369
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double bottom chart pattern – –