SOL/USDT – 1H – BUYThe combination breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 203.450000000 is expected.
Caution: A possible trend reversal in the direction of the support zone at 194.860000000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candlestick pattern is existing. 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 likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 205.000000000 |
| Next High | 203.450000000 |
| Current Price | 212.750000000 |
| Next Low | 194.860000000 |
| 2nd Low | 185.960000000 |
| 3rd Low | 155.110000000 |