The pair Solana/Tether (SOL/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 191.760000000 will persist.
Caution: A possible counter-trend in the direction of support at 179.210000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. which could be a positive signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Additionally a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 206.300000000 |
| 2nd High | 191.870000000 |
| Next High | 191.760000000 |
| Current Price | 181.140000000 |
| Next Low | 179.210000000 |
| 2nd Low | 177.800000000 |
| 3rd Low | 176.940000000 |
191.760000000 – 191.870000000 – 206.300000000 – 179.210000000 – 183.970000000 – 198.390000000 — 45.21638208741 – 46.559795607306
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Triple top chart pattern –