SOL/USDT – 30M – BUYThe pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 86.66 is certain.
Caution: A possible change in the direction of the support zone at 84.48 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
Besides a ‘Morning Doji Star’ candlestick chart pattern is found. The candles form ‘Morning Doji Star’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Morning Doji Star’ heading up is 76% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90.73 |
| 2nd High | 89.32 |
| Next High | 86.66 |
| Current Price | 86.120000000 |
| Next Low | 84.48 |
| 2nd Low | 84.31 |
| 3rd Low | 82.94 |
86.66 – 86.24 – 89.32 – 84.48 – 85.2 – 85.48 —
85.580000000 – 86.250000000 —
40.537593719969 – 53.86993182848 —
– —
86.66 – 1776958200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Morning Doji Star – – –