SOL/USDT – 1H – BUY

The combination Solana/Tether (SOL/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance line at 88.08 is certain.

Caution: A possible trend reversal in the direction of the support line at 83.23 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 85.9 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 88.08 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

85.9 – 84.97 – 84.86 – 83.23 – 83.35 – 83.58 —
85.010000000 – 85.880000000 —
56.270168165047 – 65.671653299428 —
– —
85.9 – 1777867200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –