SOL/BTC – 4H – BUYThe currency pair goes from the bullish trendline down.
A descending movement downwards to the next support at 0.002200000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.002384500 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.0023402076 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.002384500 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002719000 |
| 2nd High | 0.002535900 |
| Next High | 0.002384500 |
| Current Price | 0.002237300 |
| Next Low | 0.002200000 |
| 2nd Low | 0.002155000 |
| 3rd Low |