SOL/USDT – 30M – SELLThe pair jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 157.580000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 164.850000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 160.84 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 164.850000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 167.860000000 |
| 2nd High | 166.930000000 |
| Next High | 164.850000000 |
| Current Price | 158.920000000 |
| Next Low | 157.580000000 |
| 2nd Low | 153.450000000 |
| 3rd Low | 152.140000000 |