SOL/USDT – 4H – BUY

The combination Solana/Tether (SOL/USDT) jumps from the descending trendline upwards

The bullish trend upwards to the next resistance line at 93.47 will persist.

Caution: A possible change in the direction of the support zone at 80.26 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Inverted Hammer’ candle chart pattern is detected. The candles form ‘Inverted Hammer’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Inverted Hammer’ heading up is 65% (Bull Market).

93.47 – 92.26 – 90.81 – 85.11 – 87 – 84.36 —
83.950000000 – 82.230000000 —
36.918328238957 – 33.46844807373 —
– —
93.47 – 1774425600

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Inverted Hammer – – –