SOL/USDT – 30M – BUY
The currency pair breaks through the descending trendline upwards
An ascent up to the next resistance line at 134.660000000 will persist.
Caution: A possible change in the direction of the support level at 124.130000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 132.05832 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 134.660000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 135.500000000 |
2nd High | 134.980000000 |
Next High | 134.660000000 |
Current Price | 132.650000000 |
Next Low | 124.130000000 |
2nd Low | 122.600000000 |
3rd Low | 110.030000000 |