The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 91.41 is likely expected.
Caution: A possible change in the direction of the support level at 85.14 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 93.16964 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 91.41 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 97.68 |
| 2nd High | 95.65 |
| Next High | 91.41 |
| Current Price | 91.510000000 |
| Next Low | 85.14 |
| 2nd Low | 84.72 |
| 3rd Low | 84.36 |
90.81 – 90.45 – 91.41 – 85.14 – 86.26 – 88.13 —
87.330000000 – 90.500000000 —
49.886713038239 – 69.398036427414 —
– —
90.81 – 1774065600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –