SOL/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance level at 85.9 is likely expected.

Caution: A possible change in the direction of the support zone at 83.23 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 85.9 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 85.9 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

85.9 – 84.97 – 84.86 – 83.23 – 83.35 – 83.58 —
84.900000000 – 85.010000000 —
54.766731980756 – 56.270168086137 —
– —
85.9 – 1777867200

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