SOL/BTC – 30M – BUYThe pair moves from the bullish trendline down.
The bearish trend down to the next support line at 0.002309700 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002336000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.0023378 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.002336000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002368200 |
| 2nd High | 0.002337800 |
| Next High | 0.002336000 |
| Current Price | 0.002320100 |
| Next Low | 0.002309700 |
| 2nd Low | 0.002305000 |
| 3rd Low | 0.002245400 |