SOL/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance at will persist.

Caution: A possible change in the direction of support at 211.690000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 219.79 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

219.790000000 – 217.110000000 – 210.000000000 – 211.690000000 – 210.790000000 – 201.480000000 — 68.69362781882 – 70.702436544779

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –