SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 152.390000000 will continue.
Caution: A possible change in the direction of the support level at 141.530000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart shows ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.970000000 |
| 2nd High | 154.410000000 |
| Next High | 152.390000000 |
| Current Price | 152.090000000 |
| Next Low | 141.530000000 |
| 2nd Low | 141.410000000 |
| 3rd Low | 140.320000000 |
152.390000000 – 154.410000000 – 157.970000000 – 141.530000000 – 152.940000000 – 154.580000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Bullish Belt Hold