SOL/USDT – 30M – BUYThe currency pair breaks through the bearish trendline up.
A bullish trend up to the next resistance at 167.860000000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 162.110000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 169.335 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 167.860000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 174.000000000 |
| 2nd High | 168.610000000 |
| Next High | 167.860000000 |
| Current Price | 166.670000000 |
| Next Low | 162.110000000 |
| 2nd Low | 159.120000000 |
| 3rd Low | 157.580000000 |