The pair Solana/Tether (SOL/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 88.8 will continue.
Caution: A possible trend reversal in the direction of the support level at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 128.13 |
| 2nd High | 94.05 |
| Next High | 88.8 |
| Current Price | 86.840000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
88.8 – 94.05 – 90.29 – 80.26 – 77.12 – 75.63 —
85.610000000 – 87.690000000 —
46.161455390752 – 53.563355852405 —
– —
88.8 – 1773158400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –