SOL/USDT – 30M – BUYThe currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 88.08 will continue.
Caution: A possible change in the direction of the support level at 82.5 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Besides a ‘Three Inside Up’ candle pattern is found. The chart shows ‘Three Inside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Up’ heading up is 65% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90.29 |
| 2nd High | 88.25 |
| Next High | 88.08 |
| Current Price | 86.290000000 |
| Next Low | 82.5 |
| 2nd Low | 82.37 |
| 3rd Low | 81.69 |
88.08 – 87.34 – 88.25 – 82.5 – 85.23 – 82.78 —
87.330000000 – 85.680000000 —
60.731886006254 – 44.765439852795 —
– —
88.08 – 1772587800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Inside Up – – –