Buy SOL/USDT – 30M – BUY

The pair Solana/Tether (SOL/USDT) jumps from the bullish trendline down.

The bearish trend downwards to the next support line at 188.330000000 will persist.

Caution: A possible change in the direction of the resistance line at 196.470000000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 200.130000000
2nd High 197.710000000
Next High 196.470000000
Current Price 190.250000000
Next Low 188.330000000
2nd Low 185.890000000
3rd Low 183.130000000

Download SOL/USDT Signal Image

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