SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at 248.450000000 is likely expected.

Caution: A possible change in the direction of the support level at 230.150000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Next a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

248.450000000 – 249.600000000 – 244.140000000 – 230.150000000 – 235.730000000 – 211.690000000 — 57.414933981648 – 60.656537319559

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Double top retreat up – –