SOL/BTC – 30M – SELLThe currency pair goes from the ascending trendline down.
A bearish movement downwards to the next support at 0.002402700 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.002458500 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.00243115 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.002458500 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002506300 |
| 2nd High | 0.002459600 |
| Next High | 0.002458500 |
| Current Price | 0.002408900 |
| Next Low | 0.002402700 |
| 2nd Low | 0.002369700 |
| 3rd Low | 0.002364000 |