SOL/BTC – 30M – BUYThe currency pair moves from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.002557700 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.002618500 could occur.
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 is certain. Current target is 0.0026185 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.002618500 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002618500 |
| Current Price | 0.002584600 |
| Next Low | 0.002557700 |
| 2nd Low | 0.002451100 |
| 3rd Low | 0.002450500 |