SOL/BTC – 30M – SELLThe combination jumps from the bullish trendline downwards
A bearish descent down to the next support level at 0.002319600 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002364400 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0023249 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.002364400 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002460500 |
| 2nd High | 0.002411800 |
| Next High | 0.002364400 |
| Current Price | 0.002336300 |
| Next Low | 0.002319600 |
| 2nd Low | 0.002315000 |
| 3rd Low | 0.002285400 |