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
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers