The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 216.500000000 will continue.
Caution: A possible change in the direction of support at 201.720000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 216.500000000 |
| Current Price | 213.280000000 |
| Next Low | 201.720000000 |
| 2nd Low | 193.780000000 |
| 3rd Low | 186.670000000 |
216.500000000 – 212.080000000 – 213.600000000 – 201.720000000 – 193.780000000 – 186.670000000 — 59.202666406939 – 59.701979906337
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Triple bottom chart pattern – –