SOL/USDT – 1H – BUYThe combination Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 204.960000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 194.150000000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 206.300000000 |
| Next High | 204.960000000 |
| Current Price | 208.180000000 |
| Next Low | 194.150000000 |
| 2nd Low | 173.430000000 |
| 3rd Low | 167.000000000 |
204.960000000 – 186.800000000 – 186.180000000 – 194.150000000 – 173.430000000 – 177.510000000 — 73.701509887928 – 74.031891798047
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Triple bottom chart pattern – –