Is it possible to reference a further parent than just the one above?

Question

I have the following sample code:

.level1 {
   // css

  .level2 {
  // css

     . level3 {
     // css
     color: red;
  }
}

And then

Answer 1

A simple example:

 .child{
    background-color:red;
    .parent:hover &{
      background-color:blue;
    }
  }

goes into

.child {
  background-color: red;
}
.parent:hover .child {
  background-color: blue;
}

http://sassmeister.com/gist/e994e056d3cc3b342e2c