SOL/USDT – 1H – BUY

The combination Solana/Tether (SOL/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend up to the next resistance line at is likely expected.

Caution: A possible trend reversal in the direction of support at 211.690000000 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 226 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at could occur.
Consider stop-loss settings accordingly.

Besides a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

226.000000000 – 219.790000000 – 217.110000000 – 211.690000000 – 210.790000000 – 201.480000000 — 61.963959019291 – 62.393877891725

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –