The currency pair Solana/Tether (SOL/USDT) moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 88.09 is certain.
Caution: A possible trend reversal in the direction of the support level at 84.36 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 86.58 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 88.09 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 88.92 |
| 2nd High | 88.8 |
| Next High | 88.09 |
| Current Price | 85.820000000 |
| Next Low | 84.36 |
| 2nd Low | 80.26 |
| 3rd Low | 77.12 |
88.09 – 86.88 – 88.8 – 84.36 – 85.01 – 84.91 —
85.430000000 – 85.420000000 —
34.840752602584 – 41.896936666981 —
– —
88.09 – 1773253800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –