SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards

A bullish ascent up to the next resistance line at 129.76 will continue.

Caution: A possible change in the direction of support at 126.73 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.

Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 130.56714 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 129.76 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

129.76 – 130.94 – 132.17 – 126.73 – 125.26 – 124.68 —
128.720000000 – 128.580000000 —
46.868376528679 – 45.096265710767 —
– —
129.76000 – 1769112000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –