Then a ‘Double bottom chart pattern’ chart layout is discovered. The chart picture shows ‘Double bottom chart pattern’. which is a positive pattern signal. The pair is likely to go up.
The pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 157.970000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 149.580000000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Then a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 173.460000000 |
2nd High | 163.640000000 |
Next High | 157.970000000 |
Current Price | 156.220000000 |
Next Low | 149.580000000 |
2nd Low | 147.880000000 |
3rd Low | 146.840000000 |
155.300000000 – 150.510000000 – 151.490000000 – 149.580000000 – 147.880000000 – 149.150000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers