SOL/USDT – 30M – SELLThe combination goes from the ascending trendline downwards
The bearish trend down to the next support at 164.130000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 169.260000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 164.325 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 169.260000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 171.070000000 |
| 2nd High | 170.990000000 |
| Next High | 169.260000000 |
| Current Price | 167.090000000 |
| Next Low | 164.130000000 |
| 2nd Low | 163.530000000 |
| 3rd Low | 160.990000000 |