The pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 148.000000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 140.320000000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Support & Resistance | Price Range* |
---|---|
3rd High | 150.390000000 |
2nd High | 148.670000000 |
Next High | 148.000000000 |
Current Price | 147.840000000 |
Next Low | 140.320000000 |
2nd Low | 127.710000000 |
3rd Low | 125.320000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers