The pair Solana/Tether (SOL/USDT) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 95.650000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 93.15 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bullish Belt Hold’ candle pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 97.68 |
| Next High | 95.650000000 |
| Current Price | 94.190000000 |
| Next Low | 93.15 |
| 2nd Low | 92.37 |
| 3rd Low | 87.36 |
95.650000000 – 95.62 – 97.68 – 93.15 – 92.37 – 87.36 —
95.650000000 – 94.300000000 —
53.771795160661 – 42.54681518594 —
95.650000000 – 1773804600 —
– 1773804600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Belt Hold – Rising Wedge Chart Pattern – –