SOL/BTC – 30M – SELLThe pair goes from the ascending trendline down.
A bearish movement downwards to the next support at 0.002285400 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.002368200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.0022854 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.002368200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002460500 |
| 2nd High | 0.002411800 |
| Next High | 0.002368200 |
| Current Price | 0.002291300 |
| Next Low | 0.002285400 |
| 2nd Low | 0.002269500 |
| 3rd Low | 0.002210000 |