SOL/BTC – 4H – SELLThe pair goes from the ascending trendline down.
A descent down to the next support at 0.002136100 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002364900 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.0021361 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.002364900 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002535900 |
| 2nd High | 0.002384500 |
| Next High | 0.002364900 |
| Current Price | 0.002260700 |
| Next Low | 0.002136100 |
| 2nd Low | |
| 3rd Low |