The combination Solana/Bitcoin (SOL/BTC) goes from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.001464100 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.001670800 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.0016220188 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.001670800 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001720700 |
| 2nd High | 0.001719800 |
| Next High | 0.001670800 |
| Current Price | 0.001633700 |
| Next Low | 0.001464100 |
| 2nd Low | 0.001456400 |
| 3rd Low | 0.001429500 |
0.001670800 – 0.001507300 – 0.001555700 – 0.001464100 – 0.001464800 – 0.001508400 — 55.357453923861 – 44.273347719747
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – – Rising Wedge Chart Pattern – –