SOL/USDT – 1H – BUYThe currency pair Solana/Tether (SOL/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 187.710000000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 171.210000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 187.710000000 |
| Current Price | 183.620000000 |
| Next Low | 171.210000000 |
| 2nd Low | 168.710000000 |
| 3rd Low | 157.230000000 |
178.190000000 – 176.000000000 – 168.650000000 – 171.210000000 – 168.710000000 – 157.230000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Triple bottom chart pattern