SOL/BTC – 30M – SELLThe pair goes from the ascending trendline down.
The bearish trend downwards to the next support at 0.002564500 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.002675400 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.0025323564 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.002675400 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002691600 |
| Next High | 0.002675400 |
| Current Price | 0.002565000 |
| Next Low | 0.002564500 |
| 2nd Low | 0.002489000 |
| 3rd Low | 0.002487200 |