SOL/BTC – 30M – SELLThe currency pair moves from the ascending trendline down.
A descent downwards to the next support at 0.002451100 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002527200 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.0024969448 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.002527200 could happen.
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 | 0.002513600 |
| Next Low | 0.002451100 |
| 2nd Low | 0.002450500 |
| 3rd Low | 0.002448100 |