The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 143.86 is certain.
Caution: A possible change in the direction of the support level at 132.710000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘RSI cross above 30’ indicator signal is discovered. The indicator shows ‘RSI cross above 30’. this is usually a bullish signal. The currency pair is likely to rise.
Additionally a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The 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 | 148.44 |
| 2nd High | 146 |
| Next High | 143.86 |
| Current Price | 133.970000000 |
| Next Low | 132.710000000 |
| 2nd Low | 130 |
| 3rd Low |
143.86 – 143.63 – 142.82 – 132.710000000 – 130 – 141.93 — 28.434196687357 – 31.718726745186 — 93.763895309164 – 96.134627660745 – 95.052352755582 – 94.554139426358
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –