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: CRYPTO – SOL – SOL/USDT – USDT – Latter Bottom – – –