SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline up.

A bullish trend up to the next resistance line at 88.99 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.

Next a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish 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%.

88.99 – 89.2 – 89.84 – 67.5 – 102.18 – 112.14 —
88.130000000 – 87.120000000 —
47.580083226131 – 47.25119009783 —
– —
88.99 – 1770541200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –