The combination Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 85.9 is expected.
Caution: A possible counter-trend in the direction of the support level at 83.230000000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
Then a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Then a ‘Three Outside Up’ candlestick pattern is existing. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.32 |
| 2nd High | 88.08 |
| Next High | 85.9 |
| Current Price | 84.990000000 |
| Next Low | 83.230000000 |
| 2nd Low | 82.78 |
| 3rd Low |
85.9 – 84.45 – 84.97 – 83.230000000 – 83.35 – 83.58 —
85.070000000 – 84.340000000 —
33.493269480145 – 43.14991503813 —
83.230000000 – 1777888800 —
85.9 – 1777869000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –