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 |