SOL/USDT – 30M – BUYThe currency pair jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 203.450000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 194.860000000 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 205.000000000 |
| Next High | 203.450000000 |
| Current Price | 201.590000000 |
| Next Low | 194.860000000 |
| 2nd Low | 194.130000000 |
| 3rd Low | 185.960000000 |