SOL/USDT – 30M – SELLThe combination Solana/Tether (SOL/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support at 207.170000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 216.890000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 209.75808 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 216.890000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 216.890000000 |
| Current Price | 213.930000000 |
| Next Low | 207.170000000 |
| 2nd Low | 201.720000000 |
| 3rd Low | 193.780000000 |
216.890000000 – 216.500000000 – 212.080000000 – 207.170000000 – 201.720000000 – 193.780000000 — 55.441106862987 – 52.252213137617
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double bottom retreat down – –