SOL/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance level at 191.760000000 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 179.210000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘RSI cross above 70’ indicator signal is found. The indicator shows ‘RSI cross above 70’. which is often a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 189.77 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 191.760000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. which is a positive 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%.

191.760000000 – 191.870000000 – 206.300000000 – 179.210000000 – 177.800000000 – 174.800000000 — 41.323324617755 – 42.211930947621

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Triple top chart pattern –