The currency pair Solana/Tether (SOL/USDT) goes from the bearish trendline upwards
A bullish movement up to the next resistance level at 214.940000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 201.720000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Outside Up’ chart pattern is found. The candles show ‘Three Outside Up’. which 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 218.000000000 |
| Next High | 214.940000000 |
| Current Price | 205.080000000 |
| Next Low | 201.720000000 |
| 2nd Low | 193.780000000 |
| 3rd Low | 186.670000000 |
214.940000000 – 218.000000000 – 216.890000000 – 205.340000000 – 207.170000000 – 201.720000000 — 47.994209035495 – 49.340308284662
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –