SOL/USDT – 30M – BUYThe pair Solana/Tether (SOL/USDT) jumps from the bearish trendline up.
A bullish movement up to the next resistance line at 182.700000000 will continue.
Caution: A possible change in the direction of the support level at 166.190000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Engulfing’ candle pattern is found. The chart forms ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.520000000 |
| 2nd High | 186.680000000 |
| Next High | 182.700000000 |
| Current Price | 169.030000000 |
| Next Low | 166.190000000 |
| 2nd Low | 165.400000000 |
| 3rd Low | 157.230000000 |
182.700000000 – 180.590000000 – 182.560000000 – 166.190000000 – 167.420000000 – 170.290000000 — 30.943906242557 – 46.893759326635
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – –