SOL/USDT – 1H – BUY

The combination Solana/Tether (SOL/USDT) jumps from the bearish trendline upwards

An ascent up to the next resistance at 195.890000000 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 180.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 187.04696 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 195.890000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

195.890000000 – 189.650000000 – 198.070000000 – 180.000000000 – 185.200000000 – 183.300000000 — 38.588220105425 – 39.10150462905

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double top retreat up – –