SOL/USDT – 30M – SELL

The currency pair goes from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at 160.070000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 165.040000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 160.18944 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 165.040000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Download SOL/USDT Signal Image

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT