SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.

A bullish trend upwards to the next resistance at 206.660000000 will persist.

Caution: A possible reversal of the trend in the direction of support at 197.520000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 207.76 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 206.660000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

206.660000000 – 207.060000000 – 218.000000000 – 197.520000000 – 199.850000000 – 207.170000000 — 50.183404003729 – 52.599330421597

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Inverse Head and Shoulder chart pattern – –