The currency pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.001984000 is expected.
Caution: A possible change in the direction of support at 0.001943400 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.00197035 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.001984000 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002009000 |
2nd High | 0.002000800 |
Next High | 0.001984000 |
Current Price | 0.001963700 |
Next Low | 0.001943400 |
2nd Low | 0.001939900 |
3rd Low | 0.001878000 |