SOL/USDT – 1H – BUYThe currency pair moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 173.140000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 178.590000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 179.3 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 178.590000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 179.300000000 |
| Next High | 178.590000000 |
| Current Price | 176.420000000 |
| Next Low | 173.140000000 |
| 2nd Low | 159.120000000 |
| 3rd Low | 157.580000000 |