SOL/USDT – 30M – BUY

The currency pair Solana/Tether (SOL/USDT) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 89.32 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 84.43 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

86.1 – 85.12 – 85.32 – 84.43 – 84.02 – 83.23 —
87.060000000 – 89.220000000 —
61.254628452207 – 78.649790969602 —
– —
86.1 – 1777986000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Belt Hold – – –