The pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance line at 92.02 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 89.96 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.65 |
| 2nd High | 92.26 |
| Next High | 92.02 |
| Current Price | 92.110000000 |
| Next Low | 89.96 |
| 2nd Low | 85.11 |
| 3rd Low | 84.72 |
92.02 – 92.26 – 87.33 – 89.96 – 85.11 – 85.14 —
90.410000000 – 91.950000000 —
44.131263261188 – 61.979847288323 —
– —
92.02 – 1774297800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing – – –