SOL/USDT – 1H – BUYThe currency pair Solana/Tether (SOL/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 81.75 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 76.7 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93.47 |
| 2nd High | 86.65 |
| Next High | 81.75 |
| Current Price | 85.560000000 |
| Next Low | 76.7 |
| 2nd Low | 75.63 |
| 3rd Low | 67.5 |
81.75 – 81.61 – 80.91 – 79.57 – 76.7 – 81.96 —
79.060000000 – 83.240000000 —
34.749615944251 – 73.228848213235 —
– —
81.75 – 1775511000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –