SOL/USDT – 30M – SELLThe currency pair goes from the ascending trendline downwards
The bearish trend downwards to the next support at 164.700000000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 179.300000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 167.37638 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 179.300000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 179.300000000 |
| Current Price | 167.940000000 |
| Next Low | 164.700000000 |
| 2nd Low | 164.130000000 |
| 3rd Low | 163.530000000 |