SOL/BTC – 30M – SELLThe currency pair goes from the ascending trendline downwards
A bearish descent down to the next support line at 0.002315000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.002337500 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.002321452 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.002337500 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002460500 |
| 2nd High | 0.002411800 |
| Next High | 0.002337500 |
| Current Price | 0.002329700 |
| Next Low | 0.002315000 |
| 2nd Low | 0.002285400 |
| 3rd Low | 0.002269500 |