SOL/USDT – 30M – BUYThe pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 193.480000000 will continue.
Caution: A possible change in the direction of the support zone at 186.130000000 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Inverted Hammer’ candle pattern is discovered. The chart shows ‘Inverted Hammer’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Inverted Hammer’ heading up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 223.890000000 |
| 2nd High | 221.740000000 |
| Next High | 193.480000000 |
| Current Price | 197.790000000 |
| Next Low | 186.130000000 |
| 2nd Low | 180.730000000 |
| 3rd Low | 176.480000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Inverted Hammer