Buy SOL/USDT – 30M – BUY

The currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 212.080000000 is certain.

Caution: A possible reversal of the trend in the direction of support at 193.780000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 213.6 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 212.080000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 213.600000000
Next High 212.080000000
Current Price 209.290000000
Next Low 193.780000000
2nd Low 186.670000000
3rd Low 185.330000000

212.080000000 – 213.600000000 – 211.970000000 – 193.780000000 – 186.670000000 – 185.330000000 — 59.153775632939 – 62.430743011481

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