SOL/BTC – 30M – BUYThe currency pair jumps from the ascending trendline downwards
A bearish movement downwards to the next support line at 0.002307000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.002475200 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 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.0024752 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.002475200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002513200 |
| 2nd High | 0.002506300 |
| Next High | 0.002475200 |
| Current Price | 0.002441900 |
| Next Low | 0.002307000 |
| 2nd Low | 0.002250700 |
| 3rd Low | 0.002247800 |