The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 84.38 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 82.78 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
Next a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 85.83 |
| 2nd High | 85.56 |
| Next High | 84.38 |
| Current Price | 84.160000000 |
| Next Low | 82.78 |
| 2nd Low | 82.69 |
| 3rd Low | 82.16 |
84.38 – 83.83 – 84.01 – 82.78 – 82.69 – 82.16 —
84.220000000 – 83.970000000 —
63.234378862996 – 53.706048175583 —
– —
84.38 – 1777604400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –