SOL/BTC – 30M – SELLThe currency pair goes from the ascending trendline downwards
The bearish trend down to the next support at 0.002346200 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.002393100 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0023514 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.002393100 should be noted.
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 | 0.002393100 |
| Current Price | 0.002362500 |
| Next Low | 0.002346200 |
| 2nd Low | 0.002321100 |
| 3rd Low | 0.002314600 |