Also there is a ‘Double top retreat up’ chart pattern is detected. The chart picture forms ‘Double top retreat up’. this is a bullish chart scenario. The pair is likely to go up.
The combination Solana/Tether (SOL/USDT) moves from the descending trendline upwards
The bullish trend up to the next resistance level at 180.590000000 will continue.
Caution: A possible counter-trend in the direction of support at 173.240000000 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. which could be a positive chart scenario. The currency pair could go up.
Also there is a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.680000000 |
| 2nd High | 182.560000000 |
| Next High | 180.590000000 |
| Current Price | 176.850000000 |
| Next Low | 173.240000000 |
| 2nd Low | 171.210000000 |
| 3rd Low | 168.710000000 |
180.590000000 – 182.560000000 – 186.680000000 – 176.420000000 – 178.810000000 – 178.300000000 — 40.255117570916 – 43.545069629653
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – Double top retreat up –