SOL/USDT – 4H – BUYThe combination breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 194.860000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 219.980000000 |
| Next Low | 194.860000000 |
| 2nd Low | 155.110000000 |
| 3rd Low | 147.660000000 |