SOL/USDT – 1H – BUY

The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline up.

A continuation of the bullish trend up to the next resistance line at 90.29 will persist.

Caution: A possible change in the direction of the support zone at 82.37 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Bullish Engulfing’ candle chart pattern is found. The chart shows ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

90.29 – 88.9 – 88.29 – 82.37 – 81.69 – 77.12 —
87.730000000 – 86.440000000 —
61.880531154351 – 49.310060427411 —
– —
90.29 – 1772467200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – Symmetrical Triangle Chart Pattern – –