SOL/USDT – 1H – SELLThe pair goes from the ascending trendline downwards
A descent downwards to the next support at 141.060000000 will continue.
Caution: A possible change in the direction of the resistance level at 152.400000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 141.56106 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 152.400000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 161.780000000 |
| 2nd High | 157.340000000 |
| Next High | 152.400000000 |
| Current Price | 143.960000000 |
| Next Low | 141.060000000 |
| 2nd Low | 138.610000000 |
| 3rd Low | 127.070000000 |