SOL/USDT – 1H – BUYThe combination breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 152.400000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 135.520000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 148.78768 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line 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 | 144.730000000 |
| Next Low | 135.520000000 |
| 2nd Low | 127.070000000 |
| 3rd Low | 124.130000000 |