Buy SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) moves from the bullish trendline up.

A continuation of the upward movement up to the next resistance level at 244.000000000 is likely expected.

Caution: A possible change in the direction of the support zone at 230.150000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 239.875 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 244.000000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. 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 249.600000000
2nd High 248.450000000
Next High 244.000000000
Current Price 235.080000000
Next Low 230.150000000
2nd Low 221.720000000
3rd Low 220.530000000

244.000000000 – 248.450000000 – 248.090000000 – 230.150000000 – 231.550000000 – 239.150000000 — 52.417868056335 – 52.657195903612

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