SOL/USDT – 1H – BUYThe pair Solana/Tether (SOL/USDT) moves from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 253.510000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 235.120000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Up’ chart pattern is discovered. The chart forms ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 253.510000000 |
| Current Price | 239.420000000 |
| Next Low | 235.120000000 |
| 2nd Low | 232.230000000 |
| 3rd Low | 231.260000000 |
253.510000000 – 240.950000000 – 248.450000000 – 235.120000000 – 232.230000000 – 233.200000000 — 43.790756542319 – 47.262554530963
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –