SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 186.800000000 is expected.

Caution: A possible change in the direction of the support level at 173.600000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘Bullish Engulfing’ candle pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

176.740000000 – 186.800000000 – 186.180000000 – 173.600000000 – 173.430000000 – 178.520000000 — 83.420185762452 – 83.79341514706

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – Triple bottom chart pattern – –