SOL/USDT – 30M – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance at 162.980000000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 157.740000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

162.980000000 – 163.900000000 – 168.200000000 – 157.740000000 – 159.540000000 – 161.270000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – – Double bottom chart pattern