The currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 211.940000000 will continue.
Caution: A possible change in the direction of the support line at 205.680000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.940000000 |
| 2nd High | 213.020000000 |
| Next High | 211.940000000 |
| Current Price | 208.080000000 |
| Next Low | 205.680000000 |
| 2nd Low | 197.370000000 |
| 3rd Low | 194.190000000 |
211.940000000 – 213.020000000 – 211.970000000 – 205.680000000 – 197.370000000 – 194.190000000 — 48.457217318658 – 48.601682831086
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double top retreat up – –