Buy SOL/USDT – 30M – BUY

The pair Solana/Tether (SOL/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 89.08 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 75.63 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K crosses above 0.2’ indicator layout is existing. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Bullish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bullish Engulfing’. 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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 89.84
2nd High 89.2
Next High 89.08
Current Price 88.960000000
Next Low 75.63
2nd Low 67.5
3rd Low

85.58 – 86.72 – 85.03 – 75.63 – 76 – 84.73 —
89.650000000 – 89.340000000 —
91.546695324384 – 64.667654184557 —
– —
85.58 – 1771745400

Trading Signals:

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