The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 198.070000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 209.860000000 |
| Next High | 198.070000000 |
| Current Price | 193.440000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
198.070000000 – 209.860000000 – 204.960000000 – 187.320000000 – 186.680000000 – 194.150000000 — 42.554320143474 – 42.554320143474
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –