SOL/BTC – 30M – SELLThe pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline down.
A continuation of the downtrend down to the next support line at will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.001467800 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.0014375 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.001467800 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001560000 |
| 2nd High | 0.001496400 |
| Next High | 0.001467800 |
| Current Price | 0.001442600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001467800 – 0.001454700 – 0.001458300 – 0.001441800 – 0.001429600 – 0.001420500