Buy SOL/USDT – 4H – BUY

The combination Solana/Tether (SOL/USDT) goes from the bullish trendline up.

A continuation of the uptrend up to the next resistance at 246.770000000 will continue.

Caution: A possible change in the direction of the support line at 221.800000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 247.98092 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 246.770000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern 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’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 264.390000000
Next High 246.770000000
Current Price 237.460000000
Next Low 221.800000000
2nd Low 204.480000000
3rd Low 194.860000000

Download SOL/USDT Signal Image

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