SOL/USDT – 1H – BUYThe combination breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 134.980000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 124.130000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 136.85018 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 134.980000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 136.150000000 |
| 2nd High | 135.500000000 |
| Next High | 134.980000000 |
| Current Price | 132.890000000 |
| Next Low | 124.130000000 |
| 2nd Low | 122.600000000 |
| 3rd Low | 110.000000000 |