The pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 209.860000000 will continue.
Caution: A possible change in the direction of the support line at 177.270000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 209.860000000 |
| Current Price | 207.540000000 |
| Next Low | 177.270000000 |
| 2nd Low | 175.690000000 |
| 3rd Low | 173.430000000 |
190.100000000 – 183.420000000 – 185.870000000 – 177.270000000 – 179.430000000 – 177.530000000 — 76.706388049939 – 79.44183353267
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –