SOL/USDT – 30M – BUY

The pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards

A bullish trend up to the next resistance line at 240.950000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 233.200000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

238.090000000 – 240.950000000 – 237.030000000 – 233.200000000 – 231.260000000 – 230.150000000 — 61.156613513265 – 64.431720268387

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – Inverse Head and Shoulder chart pattern – –