Sell SOL/USDT – 30M – SELL

The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards

A bearish movement downwards to the next support line at 231.550000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 244.000000000 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 231.55 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 244.000000000 is also possible.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 249.600000000
2nd High 248.450000000
Next High 244.000000000
Current Price 233.620000000
Next Low 231.550000000
2nd Low 221.720000000
3rd Low 220.530000000

244.000000000 – 248.450000000 – 248.090000000 – 231.550000000 – 239.150000000 – 241.530000000 — 38.810435431983 – 34.766948310487

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