Then a ‘Double bottom chart pattern’ chart formation is existing. The chart picture forms ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to rise.
The combination Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 243.720000000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 235.730000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 244.140000000 |
| Next High | 243.720000000 |
| Current Price | 243.760000000 |
| Next Low | 235.730000000 |
| 2nd Low | 221.720000000 |
| 3rd Low | 220.530000000 |
243.720000000 – 244.140000000 – 241.840000000 – 235.730000000 – 221.720000000 – 220.530000000 — 65.884681699449 – 66.97939574159
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –