SOL/BTC – 30M – SELLThe combination jumps from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.002332100 is certain.
Caution: A possible change in the direction of the resistance zone at 0.002411800 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0023321 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.002411800 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002506300 |
| 2nd High | 0.002460500 |
| Next High | 0.002411800 |
| Current Price | 0.002340700 |
| Next Low | 0.002332100 |
| 2nd Low | 0.002298100 |
| 3rd Low | 0.002256600 |