SOL/USDT – 30M – SELLThe combination moves from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 155.090000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 161.780000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 155 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 161.780000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.300000000 |
| 2nd High | 162.000000000 |
| Next High | 161.780000000 |
| Current Price | 155.470000000 |
| Next Low | 155.090000000 |
| 2nd Low | 155.000000000 |
| 3rd Low | 153.850000000 |