SOL/USDT – 30M – BUYThe currency pair goes from the bearish trendline upwards
An ascending movement up to the next resistance level at 164.850000000 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 157.820000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 163.215 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 164.850000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 167.860000000 |
| 2nd High | 166.930000000 |
| Next High | 164.850000000 |
| Current Price | 161.060000000 |
| Next Low | 157.820000000 |
| 2nd Low | 157.580000000 |
| 3rd Low | 153.450000000 |