SOL/USDT – 1H – BUYThe pair Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 243.610000000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 233.220000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bullish Engulfing’ candle chart pattern is found. The chart forms ‘Bullish Engulfing’. this 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 likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 256.700000000 |
| 2nd High | 246.770000000 |
| Next High | 243.610000000 |
| Current Price | 232.500000000 |
| Next Low | 233.220000000 |
| 2nd Low | 215.000000000 |
| 3rd Low | 212.100000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing