SOL/USDT – 1H – BUY

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

An ascent up to the next resistance level at 86.93 will persist.

Caution: A possible change in the direction of the support zone at 82.55 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Bullish Engulfing’ candlestick pattern is existing. The chart shows ‘Bullish Engulfing’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

86.93 – 86.7 – 82.25 – 82.55 – 76.6 – 78.04 —
86.660000000 – 86.800000000 —
61.897264517387 – 57.910875254408 —
– —
86.93 – 1771246800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – – –