SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 142.600000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 130.900000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.280000000 |
| 2nd High | 147.920000000 |
| Next High | 142.600000000 |
| Current Price | 135.820000000 |
| Next Low | 130.900000000 |
| 2nd Low | 127.710000000 |
| 3rd Low | 125.320000000 |
142.600000000 – 147.920000000 – 149.280000000 – 130.900000000 – 139.850000000 – 143.650000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Northern Doji