SOL/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance level at 164.190000000 is expected.

Caution: A possible reversal of the trend in the direction of the support line at is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Also there is a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

164.190000000 – 162.980000000 – 163.900000000 – 157.740000000 – 159.540000000 – 161.270000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Double top retreat up