SOL/BTC – 30M – SELLThe pair goes from the bullish trendline downwards
A descent down to the next support at 0.002450500 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.002527200 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.0024171 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.002527200 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002535900 |
| Next High | 0.002527200 |
| Current Price | 0.002464300 |
| Next Low | 0.002450500 |
| 2nd Low | 0.002448100 |
| 3rd Low | 0.002399000 |