The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance level at 89.2 is expected.
Caution: A possible counter-trend in the direction of the support zone at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Next a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
Next a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.
Next a ‘Three Outside Up’ candlestick pattern is found. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 119.12 |
| 2nd High | 89.84 |
| Next High | 89.2 |
| Current Price | 87.910000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
89.2 – 89.84 – 119.12 – 85.91 – 67.5 – 96.46 —
87.540000000 – 87.270000000 —
41.937201215131 – 43.186623408406 —
– —
89.2 – 1770496200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – Double top retreat up – –