SOL/USDT – 1H – BUYThe pair Solana/Tether (SOL/USDT) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 191.760000000 is expected.
Caution: A possible change in the direction of the support line at 175.910000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 206.300000000 |
| 2nd High | 191.870000000 |
| Next High | 191.760000000 |
| Current Price | 182.330000000 |
| Next Low | 175.910000000 |
| 2nd Low | 174.800000000 |
| 3rd Low | 173.240000000 |
191.760000000 – 191.870000000 – 206.300000000 – 175.910000000 – 179.210000000 – 177.800000000 — 45.309202269058 – 49.567390264927
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Double top retreat up –