SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline up.

A continuation of the bullish trend up to the next resistance line at 87.69 is expected.

Caution: A possible trend reversal in the direction of the support zone at is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. 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).

87.69 – 86.93 – 86.7 – 82.55 – 76.6 – 78.04 —
86.050000000 – 84.320000000 —
45.435171104982 – 40.111941285391 —
– —
87.69 – 1771293600

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – Double top retreat up – –