The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 89.2 is considered certain.
Caution: A possible change in the direction of the support level at 67.5 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Up’ candle chart pattern is existing. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 128.13 |
| 2nd High | 89.84 |
| Next High | 89.2 |
| Current Price | 88.650000000 |
| Next Low | 67.5 |
| 2nd Low | |
| 3rd Low |
89.2 – 89.84 – 128.13 – 67.5 – 102.18 – 112.14 —
88.340000000 – 87.510000000 —
52.795721541057 – 50.034338487391 —
– —
89.2 – 1770494400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –