In addition a ‘Double bottom chart pattern’ chart layout is discovered. The chart shows ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The combination Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 150.510000000 is expected.
Caution: A possible trend reversal in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
Support & Resistance | Price Range* |
---|---|
3rd High | 152.840000000 |
2nd High | 151.490000000 |
Next High | 150.510000000 |
Current Price | 150.350000000 |
Next Low | |
2nd Low | |
3rd Low |
150.510000000 – 151.490000000 – 152.840000000 – 147.880000000 – 149.150000000 – 150.150000000