SOL/USDT – 4H – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance at 168.650000000 is expected.

Caution: A possible trend reversal in the direction of the support line at 145.220000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Next a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

168.650000000 – 168.200000000 – 159.990000000 – 145.220000000 – 137.140000000 – 126.000000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Triple bottom chart pattern