SOL/USDT – 30M – BUYThe currency pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 228.950000000 is considered certain.
Caution: A possible trend reversal in the direction of support at 221.720000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 228.950000000 |
| Current Price | 233.140000000 |
| Next Low | 221.720000000 |
| 2nd Low | 220.530000000 |
| 3rd Low | 211.690000000 |
228.950000000 – 225.590000000 – 226.000000000 – 221.720000000 – 220.530000000 – 211.690000000 — 73.854695238945 – 74.173726619474
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double bottom chart pattern – –