SOL/USDT – 1H – BUYThe pair goes from the bearish trendline up.
An ascending movement upwards to the next resistance at 135.550000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 128.910000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 131.48004 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 135.550000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 139.800000000 |
| 2nd High | 137.950000000 |
| Next High | 135.550000000 |
| Current Price | 129.200000000 |
| Next Low | 128.910000000 |
| 2nd Low | 128.200000000 |
| 3rd Low | 124.130000000 |