SOL/USDT – 1H – BUYThe currency pair Solana/Tether (SOL/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 219.790000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 210.790000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 219.790000000 |
| Current Price | 218.730000000 |
| Next Low | 210.790000000 |
| 2nd Low | 201.480000000 |
| 3rd Low | 199.320000000 |
219.790000000 – 217.110000000 – 210.000000000 – 210.790000000 – 201.480000000 – 199.320000000 — 61.403356158977 – 61.673295875007
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –