The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance at 86.7 is certain.
Caution: A possible change in the direction of support at 82.55 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candlestick chart pattern is found. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.2 |
| 2nd High | 89.08 |
| Next High | 86.7 |
| Current Price | 86.590000000 |
| Next Low | 82.55 |
| 2nd Low | 77.85 |
| 3rd Low | 76.6 |
86.7 – 85.63 – 79.48 – 82.55 – 84.47 – 77.85 —
85.100000000 – 86.430000000 —
48.833289042564 – 62.443550537476 —
– —
86.7 – 1771194600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –