SOL/USDT – 30M – BUYFurthermore a ‘Double bottom chart pattern’ chart layout is found. The chart picture forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The currency pair Solana/Tether (SOL/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 219.790000000 is certain.
Caution: A possible change in the direction of the support level at 211.690000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 219.790000000 |
| Current Price | 221.600000000 |
| Next Low | 211.690000000 |
| 2nd Low | 210.790000000 |
| 3rd Low | 201.480000000 |
219.790000000 – 217.110000000 – 205.550000000 – 211.690000000 – 210.790000000 – 201.480000000 — 63.116915729427 – 71.001017786296
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –