SOL/USDT – 4H – SELLThe combination goes from the bullish trendline down.
A descending movement down to the next support line at 141.120000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 161.780000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 144.425 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 161.780000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.700000000 |
| 2nd High | 162.300000000 |
| Next High | 161.780000000 |
| Current Price | 148.500000000 |
| Next Low | 141.120000000 |
| 2nd Low | 127.070000000 |
| 3rd Low | 122.600000000 |