SOL/USDT – 1H – BUYThe currency pair jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 183.380000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 173.010000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 177.915 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 183.380000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 183.380000000 |
| Current Price | 175.460000000 |
| Next Low | 173.010000000 |
| 2nd Low | 172.450000000 |
| 3rd Low | 159.120000000 |