SOL/BTC – 30M – SELLThe combination jumps from the ascending trendline down.
A bearish descent down to the next support at 0.002377800 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002404200 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
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 0.002379222 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.002404200 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002428500 |
| 2nd High | 0.002409000 |
| Next High | 0.002404200 |
| Current Price | 0.002391700 |
| Next Low | 0.002377800 |
| 2nd Low | 0.002364000 |
| 3rd Low | 0.002357400 |