SOL/USDT – 4H – BUYThe pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 224.000000000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 204.480000000 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Engulfing’ candle chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 224.000000000 |
| Current Price | 237.740000000 |
| Next Low | 204.480000000 |
| 2nd Low | 194.860000000 |
| 3rd Low | 155.110000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing