SOL/USDT – 30M – BUY

The pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance at 243.110000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 232.800000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 249.2314 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 243.110000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘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 probability of ‘Three White Soldiers’ heading up is 82%.

Download SOL/USDT Signal Image

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers