The combination Solana/Tether (SOL/USDT) goes from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 85.12 is certain.
Caution: A possible counter-trend in the direction of the support level at 84.02 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 85.26988 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 85.12 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 85.9 |
| 2nd High | 85.32 |
| Next High | 85.12 |
| Current Price | 84.900000000 |
| Next Low | 84.02 |
| 2nd Low | 83.23 |
| 3rd Low | 82.78 |
85.12 – 85.32 – 85.9 – 84.02 – 83.23 – 83.35 —
84.980000000 – 84.660000000 —
52.084046693612 – 46.732471124398 —
– —
85.12 – 1777959000