The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 244.000000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 230.150000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. 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 | 249.600000000 |
| 2nd High | 248.450000000 |
| Next High | 244.000000000 |
| Current Price | 234.310000000 |
| Next Low | 230.150000000 |
| 2nd Low | 221.720000000 |
| 3rd Low | 220.530000000 |
244.000000000 – 248.450000000 – 248.090000000 – 230.150000000 – 231.550000000 – 239.150000000 — 47.030800800025 – 47.459015262802
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –