Sell SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline downwards

A bearish descent down to the next support level at 0.001957800 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.002000800 could happen.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.0019697304 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.002000800 could happen.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.002056100
2nd High 0.002009000
Next High 0.002000800
Current Price 0.001974500
Next Low 0.001957800
2nd Low 0.001957600
3rd Low 0.001878000

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