SOL/USDT – 30M – BUYThe currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.
An ascent up to the next resistance at 152.840000000 is certain.
Caution: A possible change in the direction of the support level at 146.840000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| 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 – 152.940000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Northern Doji