The currency pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 154.330000000 is expected.
Caution: A possible change in the direction of the support level at 137.140000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish pattern 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 | 175.340000000 |
2nd High | 167.460000000 |
Next High | 154.330000000 |
Current Price | 153.420000000 |
Next Low | 137.140000000 |
2nd Low | 130.680000000 |
3rd Low | 126.000000000 |
148.000000000 – 147.950000000 – 146.620000000 – 137.140000000 – 142.250000000 – 142.840000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Double top retreat up