SOL/USDT – 4H – SELLThe combination jumps from the descending trendline down.
A continuation of the bearish trend down to the next support level at 128.200000000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 139.800000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 122.6 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 139.800000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.700000000 |
| 2nd High | 162.300000000 |
| Next High | 139.800000000 |
| Current Price | 131.310000000 |
| Next Low | 128.200000000 |
| 2nd Low | 122.600000000 |
| 3rd Low | 110.000000000 |