SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the bearish trendline upwards

A bullish ascent up to the next resistance at 85.9 is considered certain.

Caution: A possible change in the direction of the support level at should be noted.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 85.26988 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 85.9 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Bearish Harami Cross’ chart pattern is found. The candles show ‘Bearish Harami Cross’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

85.9 – 84.97 – 84.86 – 83.23 – 83.35 – 83.58 —
84.760000000 – 84.800000000 —
49.090402915307 – 51.155880220885 —
– —
85.9 – 1777867200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Harami Cross – – –