SOL/USDT – 1H – SELLThe currency pair moves from the ascending trendline downwards
A descent downwards to the next support line at 151.480000000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 161.780000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 153.9108 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 161.780000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.300000000 |
| 2nd High | 162.000000000 |
| Next High | 161.780000000 |
| Current Price | 153.720000000 |
| Next Low | 151.480000000 |
| 2nd Low | 146.570000000 |
| 3rd Low | 144.160000000 |