SOL/USDT – 30M – BUYThe currency pair Solana/Tether (SOL/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 184.670000000 is certain.
Caution: A possible counter-trend in the direction of the support line at 176.940000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 187.710000000 |
| Next High | 184.670000000 |
| Current Price | 182.880000000 |
| Next Low | 176.940000000 |
| 2nd Low | 174.910000000 |
| 3rd Low | 174.800000000 |
179.750000000 – 177.880000000 – 177.770000000 – 176.940000000 – 174.910000000 – 174.800000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three White Soldiers – Triple bottom chart pattern