The combination Solana/Tether (SOL/USDT) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 248.090000000 is expected.
Caution: A possible reversal of the trend in the direction of support at 235.730000000 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 249.600000000 |
| Next High | 248.090000000 |
| Current Price | 243.660000000 |
| Next Low | 235.730000000 |
| 2nd Low | 221.720000000 |
| 3rd Low | 220.530000000 |
248.090000000 – 249.600000000 – 243.720000000 – 235.730000000 – 221.720000000 – 220.530000000 — 38.636207860596 – 41.474555029566
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –