The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 130.2 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 126.89 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 132.17 |
| 2nd High | 130.94 |
| Next High | 130.2 |
| Current Price | 127.390000000 |
| Next Low | 126.89 |
| 2nd Low | 125.28 |
| 3rd Low | 125.26 |
130.2 – 129.29 – 129.76 – 126.89 – 125.28 – 126.73 —
127.210000000 – 127.290000000 —
43.833332308835 – 50.472201717948 —
– —
130.20000 – 1769189400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –