SOL/USDT – 30M – BUYMoreover a ‘Double top retreat up’ chart formation is existing. The chart forms ‘Double top retreat up’. this is a bullish chart scenario. The currency pair is likely to rise.
The currency pair Solana/Tether (SOL/USDT) moves from the descending trendline up.
The bullish trend up to the next resistance at 180.590000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 175.910000000 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Three Outside Up’ candlestick chart pattern is existing. The chart forms ‘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’ going 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 | 176.730000000 |
| Next Low | 175.910000000 |
| 2nd Low | 174.910000000 |
| 3rd Low | 174.800000000 |
180.590000000 – 182.560000000 – 186.680000000 – 176.420000000 – 178.810000000 – 178.300000000 — 44.453378138601 – 46.414020267845
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – Double top retreat up –