The pair Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 82.84 will continue.
Caution: A possible trend reversal in the direction of the support line at 81.69 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.29 |
| 2nd High | 83.24 |
| Next High | 82.84 |
| Current Price | 81.570000000 |
| Next Low | 81.69 |
| 2nd Low | 80.26 |
| 3rd Low | 77.12 |
82.84 – 83.24 – 84.29 – 81.69 – 82.6 – 82.25 —
82.150000000 – 81.490000000 —
35.558796338467 – 29.968298396858 —
– —
82.84 – 1774783800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –