SOL/USDT – 30M – BUYThe currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 198.070000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 183.300000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 209.860000000 |
| Next High | 198.070000000 |
| Current Price | 187.740000000 |
| Next Low | 183.300000000 |
| 2nd Low | 173.600000000 |
| 3rd Low | 173.430000000 |
198.070000000 – 209.860000000 – 204.960000000 – 183.300000000 – 187.320000000 – 186.680000000 — 50.494049939171 – 52.26359406836
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Double top chart pattern – –