SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) goes from the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 164.190000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at should be noted.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Next a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

164.190000000 – 168.200000000 – 153.600000000 – 157.740000000 – 159.540000000 – 147.700000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern