SOL/USDT – 30M – BUYThe pair Solana/Tether (SOL/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 241.820000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 236.910000000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 253.510000000 |
| Next High | 241.820000000 |
| Current Price | 238.620000000 |
| Next Low | 236.910000000 |
| 2nd Low | 235.120000000 |
| 3rd Low | 232.230000000 |
241.820000000 – 241.220000000 – 239.780000000 – 236.910000000 – 235.120000000 – 245.010000000 — 40.598889316463 – 41.905966055995
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double bottom chart pattern – –