SOL/USDT – 1H – BUYThe combination Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 69.59 will persist.
Caution: A possible trend reversal in the direction of the support zone at 65.95 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.
Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 81.65 |
| 2nd High | 75.71 |
| Next High | 69.59 |
| Current Price | 67.490000000 |
| Next Low | 65.95 |
| 2nd Low | 62.34 |
| 3rd Low |
69.59 – 68.82 – 67.42 – 65.95 – 62.34 – 62.95 —
68.240000000 – 67.830000000 —
51.090355640896 – 35.522693386773 —
– —
69.59 – 1781384400