The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 242.540000000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 230.950000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Line Strike – Bullish’ candle pattern is detected. The chart shows ‘Three Line Strike – Bullish’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 248.440000000 |
2nd High | 247.500000000 |
Next High | 242.540000000 |
Current Price | 241.110000000 |
Next Low | 230.950000000 |
2nd Low | 230.370000000 |
3rd Low | 229.400000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Line Strike – Bullish