SOL/USDT – 1H – BUY

The currency pair Solana/Tether (SOL/USDT) goes from the descending trendline up.

The bullish trend up to the next resistance line at 75.71 will continue.

Caution: A possible counter-trend in the direction of the support level at 66.8 should always be considered.
Consider stop-loss settings accordingly.

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

Moreover a ‘Above the Stomach’ candlestick chart pattern is found. The chart shows ‘Above the Stomach’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Above the Stomach’ going up is 66% (Bull Market) & 67% (Bear Market).

75.71 – 81.65 – 83.1 – 66.8 – 72.28 – 79.11 —
66.310000000 – 65.850000000 —
37.076504195434 – 38.916837144917 —
– —
75.71 – 1780484400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Above the Stomach – – –