The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 168.600000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 157.740000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 163.195 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 168.600000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 173.460000000 |
| 2nd High | 168.650000000 |
| Next High | 168.600000000 |
| Current Price | 160.990000000 |
| Next Low | 157.740000000 |
| 2nd Low | 147.700000000 |
| 3rd Low | 145.220000000 |
168.600000000 – 168.650000000 – 164.190000000 – 158.170000000 – 159.630000000 – 157.740000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers –