SOL/USDT – 4H – SELLThe combination jumps from the bullish trendline downwards
A bearish movement downwards to the next support at 128.910000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 139.800000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
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 line at 139.800000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.700000000 |
| 2nd High | 162.300000000 |
| Next High | 139.800000000 |
| Current Price | 131.080000000 |
| Next Low | 128.910000000 |
| 2nd Low | 128.200000000 |
| 3rd Low | 122.600000000 |