SOL/BTC – 30M – SELLThe currency pair goes from the ascending trendline downwards
A bearish trend downwards to the next support level at 0.002292600 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.002330000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.00227 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.002330000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002460500 |
| 2nd High | 0.002411800 |
| Next High | 0.002330000 |
| Current Price | 0.002297500 |
| Next Low | 0.002292600 |
| 2nd Low | 0.002269500 |
| 3rd Low | 0.002210000 |