Buy SOL/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance line at 83.1 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 80.35 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Moreover a ‘Bullish Engulfing’ chart pattern is existing. The chart shows ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High 84.84
2nd High 83.24
Next High 83.1
Current Price 82.770000000
Next Low 80.35
2nd Low 80.02
3rd Low 80

83.1 – 83.24 – 82.65 – 80.35 – 81.36 – 80.02 —
82.550000000 – 82.920000000 —
48.595313189156 – 60.054111524186 —
– —
83.1 – 1780110000

Trading Signals:

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