SOL/USDT – 30M – BUY

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

A continuation of the bullish trend up to the next resistance line at 182.700000000 will persist.

Caution: A possible counter-trend in the direction of the support zone at 176.620000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The pair is likely to go up.

Besides a ‘StochRSI cross above 20’ indicator signal is detected. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart signal. The pair is likely to go up.

Besides a ‘Bullish Engulfing’ chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.

179.660000000 – 173.490000000 – 169.930000000 – 176.620000000 – 174.210000000 – 167.000000000 — 55.689117026719 – 61.202806204684

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – – –