SOL/USDT – 30M – BUY

The pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.

A bullish movement up to the next resistance level at 85.9 will persist.

Caution: A possible change in the direction of the support line at 83.23 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Moreover a ‘Southern Doji’ candlestick chart pattern is existing. The candles show ‘Southern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

85.9 – 84.45 – 84.97 – 83.23 – 83.35 – 83.58 —
84.080000000 – 85.180000000 —
40.981345057362 – 50.270688839037 —
– —
85.9 – 1777869000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji – – –