The pair Solana/Tether (SOL/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 89.08 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 75.63 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI %K crosses above 0.2’ indicator layout is existing. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish chart signal. The currency pair is likely to rise.
Next a ‘Bullish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.84 |
| 2nd High | 89.2 |
| Next High | 89.08 |
| Current Price | 88.960000000 |
| Next Low | 75.63 |
| 2nd Low | 67.5 |
| 3rd Low |
85.58 – 86.72 – 85.03 – 75.63 – 76 – 84.73 —
89.650000000 – 89.340000000 —
91.546695324384 – 64.667654184557 —
– —
85.58 – 1771745400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – – –