The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 88.51 will persist.
Caution: A possible trend reversal in the direction of the support level at 67.5 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.
Then a ‘Bullish Belt Hold’ chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.2 |
| 2nd High | 89.08 |
| Next High | 88.51 |
| Current Price | 79.840000000 |
| Next Low | 67.5 |
| 2nd Low | |
| 3rd Low |
88.51 – 89.08 – 88.99 – 67.5 – 102.18 – 112.14 —
81.470000000 – 80.250000000 —
36.004683738688 – 35.978085955911 —
– —
88.51 – 1770660600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Belt Hold – – –