SOL/USDT – 1H – BUYThe combination Solana/Tether (SOL/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 219.790000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 210.790000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 219.790000000 |
| Current Price | 222.250000000 |
| Next Low | 210.790000000 |
| 2nd Low | 201.480000000 |
| 3rd Low | 199.320000000 |
219.790000000 – 217.110000000 – 210.000000000 – 210.790000000 – 201.480000000 – 199.320000000 — 62.815893256173 – 69.60251801134
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –