The combination Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 86.36 will continue.
Caution: A possible change in the direction of the support zone at 84.48 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 86.815 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 86.36 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.32 |
| 2nd High | 86.66 |
| Next High | 86.36 |
| Current Price | 85.710000000 |
| Next Low | 84.48 |
| 2nd Low | 84.31 |
| 3rd Low | 82.94 |
86.36 – 86.66 – 86.24 – 84.48 – 85.2 – 85.48 —
85.730000000 – 85.480000000 —
46.984032657583 – 46.494486362865 —
– —
86.36 – 1776988800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –