Buy SOL/USDT – 1H – BUY

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

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