The pair Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 86.22 will continue.
Caution: A possible counter-trend in the direction of support at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘Three Inside Up’ candle pattern is found. The candles form ‘Three Inside Up’. 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 success rate of a ‘Three Inside Up’ going up is 65% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90.73 |
| 2nd High | 87.12 |
| Next High | 86.22 |
| Current Price | 85.750000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
86.22 – 85.76 – 87.12 – 84.42 – 82.94 – 84.43 —
85.390000000 – 85.730000000 —
45.432226536783 – 47.215976245392 —
– —
86.22 – 1776708000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Inside Up – – –