SOL/BTC – 30M – SELLThe currency pair jumps from the bullish trendline down.
A descending movement down to the next support level at 0.002288300 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.002368200 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.0022854 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 0.002368200 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002460500 |
| 2nd High | 0.002411800 |
| Next High | 0.002368200 |
| Current Price | 0.002294500 |
| Next Low | 0.002288300 |
| 2nd Low | 0.002285400 |
| 3rd Low | 0.002269500 |