SOL/USDT – 30M – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.

A bullish trend up to the next resistance at 152.390000000 is likely expected.

Caution: A possible change in the direction of the support zone at 141.530000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

Next a ‘Bullish Breakaway’ candle pattern is detected. The candles form ‘Bullish Breakaway’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Breakaway’ heading up is 59% (Bull Market) & 71% (Bear Market).

152.390000000 – 154.410000000 – 157.970000000 – 141.530000000 – 152.940000000 – 154.580000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Bullish Breakaway