Buy SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance line at 182.020000000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 173.240000000 could happen.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 180.12228 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 182.020000000 could happen.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 187.710000000
2nd High 184.670000000
Next High 182.020000000
Current Price 176.610000000
Next Low 173.240000000
2nd Low 171.210000000
3rd Low 168.710000000

182.020000000 – 184.670000000 – 178.190000000 – 173.240000000 – 171.210000000 – 168.710000000

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