SOL/USDT – 4H – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards

An ascent up to the next resistance at 90.81 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 87 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

Moreover a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair is likely to rise.

Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 93.28016 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 90.81 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

90.81 – 97.68 – 92.98 – 87 – 84.36 – 80.26 —
89.170000000 – 87.330000000 —
44.230445351223 – 35.755480266872 —
– —
90.81 – 1774065600

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –