Buy SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) jumps from the bullish trendline up.

A continuation of the uptrend upwards to the next resistance at 253.510000000 is expected.

Caution: A possible change in the direction of the support zone at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.

Next a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 253.510000000
Current Price 238.530000000
Next Low
2nd Low
3rd Low

253.510000000 – 240.950000000 – 248.450000000 – 232.230000000 – 233.200000000 – 231.260000000 — 39.269429369971 – 39.879055226865

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