SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) breaks through the descending trendline up.

A bullish movement upwards to the next resistance level at 249.600000000 will continue.

Caution: A possible counter-trend in the direction of the support level at 245.010000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 247.99 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 249.600000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bearish Harami Cross’ candle pattern is detected. The candles form ‘Bearish Harami Cross’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

247.990000000 – 238.090000000 – 240.950000000 – 245.010000000 – 242.580000000 – 232.230000000 — 53.972875528604 – 54.150096428978

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Harami Cross – – –