Buy SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards

An ascent upwards to the next resistance at 237.750000000 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 203.210000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 246.770000000
2nd High 243.610000000
Next High 237.750000000
Current Price 224.790000000
Next Low 203.210000000
2nd Low 203.000000000
3rd Low 199.730000000

Download SOL/USDT Signal Image

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