Buy SOL/USDT – 4H – BUY

The combination Solana/Tether (SOL/USDT) jumps from the bearish trendline up.

A bullish ascent upwards to the next resistance level at 84.99 is certain.

Caution: A possible trend reversal in the direction of the support line at 78.96 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Latter Bottom’ candlestick chart pattern is found. The chart forms ‘Latter Bottom’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 97.68
2nd High 93.47
Next High 84.99
Current Price 79.340000000
Next Low 78.96
2nd Low 77.12
3rd Low 75.63

84.99 – 93.47 – 92.26 – 78.96 – 85.11 – 87 —
83.880000000 – 79.880000000 —
48.936459562106 – 34.579652527401 —
– —
84.99 – 1774872000

Trading Signals:

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