SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance level at 84.86 is expected.

Caution: A possible trend reversal in the direction of the support zone at 83.33 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

Next a ‘Three Outside Up’ candle pattern is existing. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

84.86 – 83.83 – 85.56 – 83.33 – 81.4 – 82.98 —
83.870000000 – 83.860000000 —
50.159268752126 – 48.372800796845 —
– —
84.86 – 1777640400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –