The currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 186.800000000 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 178.520000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘RSI cross above 30’ indicator layout is discovered. The indicator is ‘RSI cross above 30’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator is ‘StochRSI cross above 20’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 182.155 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 186.800000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.260000000 |
| 2nd High | 193.520000000 |
| Next High | 186.800000000 |
| Current Price | 180.180000000 |
| Next Low | 178.520000000 |
| 2nd Low | 177.510000000 |
| 3rd Low | 176.620000000 |
186.800000000 – 186.180000000 – 183.350000000 – 178.520000000 – 177.510000000 – 179.720000000 — 39.061974351276 – 42.263011174099
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double top retreat up – –