SOL/BTC – 30M – SELLThe combination moves from the bullish trendline downwards
A bearish trend down to the next support level at 0.002579800 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002691600 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.00257435 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.002691600 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002691600 |
| Current Price | 0.002622100 |
| Next Low | 0.002579800 |
| 2nd Low | 0.002489000 |
| 3rd Low | 0.002487200 |