SOL/USDT – 30M – BUY

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

A continuation of the uptrend up to the next resistance line at 178.190000000 is likely expected.

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

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

Furthermore a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

178.190000000 – 176.000000000 – 167.580000000 – 168.710000000 – 165.400000000 – 157.230000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Northern Doji – Triple bottom chart pattern