SOL/USDT – 1H – SELLThe combination jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 150.300000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 158.410000000 should be noted.
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 will continue. Current target is 147.625 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 158.410000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 161.780000000 |
| 2nd High | 159.730000000 |
| Next High | 158.410000000 |
| Current Price | 152.680000000 |
| Next Low | 150.300000000 |
| 2nd Low | 144.450000000 |
| 3rd Low | 135.520000000 |