The pair Solana/Tether (SOL/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at is certain.
Caution: A possible counter-trend in the direction of the support line at 199.320000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 238.570000000 |
| Next Low | 199.320000000 |
| 2nd Low | 194.190000000 |
| 3rd Low | 185.330000000 |
213.020000000 – 218.000000000 – 213.600000000 – 199.320000000 – 194.190000000 – 185.330000000 — 76.871983615322 – 79.302551805971
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –