The pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 119.12 is likely expected.
Caution: A possible trend reversal in the direction of support at 84.78 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Additionally a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 130.2 |
| 2nd High | 128.13 |
| Next High | 119.12 |
| Current Price | 92.380000000 |
| Next Low | 84.78 |
| 2nd Low | 82.5 |
| 3rd Low | 82.37 |
91.48 – 88.08 – 87.34 – 84.78 – 82.5 – 85.23 —
90.530000000 – 91.890000000 —
65.044583319137 – 63.010794327735 —
– —
91.48 – 1772616600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –