SOL/BTC – 30M – SELLThe pair moves from the ascending trendline downwards
A bearish movement down to the next support line at 0.002344600 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.002402500 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.0023665008 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.002402500 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002431800 |
| 2nd High | 0.002412100 |
| Next High | 0.002402500 |
| Current Price | 0.002378400 |
| Next Low | 0.002344600 |
| 2nd Low | 0.002307000 |
| 3rd Low | 0.002250700 |