SOL/USDT – 30M – BUYThe currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 215.330000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 204.480000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The 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 | 224.000000000 |
| 2nd High | 222.800000000 |
| Next High | 215.330000000 |
| Current Price | 212.380000000 |
| Next Low | 204.480000000 |
| 2nd Low | 204.160000000 |
| 3rd Low | 199.730000000 |