SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) breaks through the bearish trendline up.

A bullish ascent upwards to the next resistance at 87.69 will continue.

Caution: A possible change in the direction of the support level at 85.12 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 88.8 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 87.69 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

87.69 – 88.09 – 86.88 – 85.12 – 84.72 – 84.36 —
86.960000000 – 87.040000000 —
53.610558196184 – 55.225832037518 —
– —
87.69 – 1773322200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –