Buy SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance level at 129.29 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 126.73 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.

Moreover a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 128.425 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 129.29 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 130.94
2nd High 129.76
Next High 129.29
Current Price 127.900000000
Next Low 126.73
2nd Low 125.26
3rd Low 124.68

129.29 – 129.76 – 130.94 – 126.73 – 125.26 – 124.68 —
127.710000000 – 127.370000000 —
44.352510125429 – 32.396882706663 —
– —
129.29000 – 1769142600

Trading Signals:

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