The pair Solana/Tether (SOL/USDT) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 213.020000000 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Then a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 218.000000000 |
| Next High | 213.020000000 |
| Current Price | 207.810000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
213.020000000 – 218.000000000 – 213.600000000 – 194.190000000 – 185.330000000 – 177.270000000 — 55.342135007796 – 58.244753817134
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – Double bottom chart pattern – –