SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards

An ascent up to the next resistance at 210.000000000 will continue.

Caution: A possible change in the direction of the support level at 199.320000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 209.3266 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 210.000000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

210.000000000 – 213.020000000 – 211.970000000 – 199.320000000 – 201.610000000 – 200.950000000 — 66.344228490444 – 67.660828648211

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – Double bottom chart pattern – –