Buy SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) moves from the bullish trendline up.

A continuation of the uptrend upwards to the next resistance line at 152.840000000 is expected.

Caution: A possible trend reversal in the direction of the support level at 146.840000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Furthermore a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 157.970000000
2nd High 154.410000000
Next High 152.840000000
Current Price 151.230000000
Next Low 146.840000000
2nd Low 141.530000000
3rd Low 141.410000000

152.840000000 – 152.390000000 – 154.410000000 – 146.840000000 – 141.530000000 – 154.140000000

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