Buy SOL/USDT – 30M – BUY

The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline up.

A continuation of the upward movement up to the next resistance level at 97 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 94.43 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 96.0584 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 97 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 119.12
2nd High 97.68
Next High 97
Current Price 95.300000000
Next Low 94.43
2nd Low 93.43
3rd Low 92.91

97 – 94.8 – 93.65 – 94.43 – 93.43 – 92.91 —
95.600000000 – 95.000000000 —
53.485933232277 – 44.014672811651 —
– —
97 – 1778436900

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