Buy SOL/USDT – 30M – BUY

The combination Solana/Tether (SOL/USDT) breaks through the descending trendline upwards

An ascent up to the next resistance line at 86.8 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 85.84 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Bearish SBS White Lines’ chart pattern is existing. The chart shows ‘Bearish SBS White Lines’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 89.32
2nd High 86.94
Next High 86.8
Current Price 86.560000000
Next Low 85.84
2nd Low 85.53
3rd Low 84.92

86.8 – 86.94 – 86.79 – 85.84 – 85.53 – 86.03 —
86.660000000 – 86.590000000 —
58.240109472849 – 58.330881976838 —
– —
86.8 – 1777105800

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