Buy SOL/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance level at 92.98 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 86.51 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which 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 chance of ‘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 92.98
Current Price 87.310000000
Next Low 86.51
2nd Low 84.72
3rd Low 84.36

92.98 – 91.14 – 87.69 – 86.51 – 84.72 – 84.36 —
87.360000000 – 87.180000000 —
40.439495291205 – 43.419976308185 —
– —
92.98 – 1773410400

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