SOL/BTC – 30M – BUYThe combination jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.002344600 is certain.
Caution: A possible change in the direction of the resistance level at 0.002403400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0023651792 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.002403400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002431800 |
| 2nd High | 0.002412100 |
| Next High | 0.002403400 |
| Current Price | 0.002346000 |
| Next Low | 0.002344600 |
| 2nd Low | 0.002307000 |
| 3rd Low | 0.002250700 |