SOL/USDT – 1H – BUY

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

A bullish ascent up to the next resistance level at 67.42 is expected.

Caution: A possible change in the direction of support at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.

Then a ‘StochRSI Hidden Bullish Divergence’ indicator signal is found. The indicator is ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 68.17 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 67.42 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

67.42 – 65.77 – 68.17 – 62.34 – 62.95 – 63.54 —
67.110000000 – 66.490000000 —
62.781820981634 – 51.831998964238 —
– —
67.42 – 1781204400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –