Buy SOL/USDT – 4H – BUY

The currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline up.

A continuation of the bullish trend up to the next resistance line at 206.300000000 will persist.

Caution: A possible reversal of the trend in the direction of support at 157.230000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The currency pair is likely to rise.

Additionally a ‘Three Outside Up’ candlestick pattern is discovered. The chart forms ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 206.300000000
Current Price 186.090000000
Next Low 157.230000000
2nd Low 145.220000000
3rd Low 137.140000000

206.300000000 – 184.670000000 – 168.650000000 – 157.230000000 – 145.220000000 – 137.140000000 — 44.769118764494 – 49.988867437309

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