SOL/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance at 184.670000000 will continue.

Caution: A possible counter-trend in the direction of the support level at 174.800000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

184.670000000 – 178.190000000 – 176.000000000 – 174.800000000 – 173.240000000 – 171.210000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – – Double bottom chart pattern