Buy SOL/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance level at 210.000000000 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 201.610000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 218.000000000
2nd High 213.020000000
Next High 210.000000000
Current Price 202.500000000
Next Low 201.610000000
2nd Low 200.950000000
3rd Low 197.370000000

210.000000000 – 213.020000000 – 211.970000000 – 201.610000000 – 200.950000000 – 197.370000000 — 42.496306162556 – 42.770773756219

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