SOL/BTC – 1H – SELLThe currency pair moves from the bullish trendline downwards
The bearish trend down to the next support at 0.002285400 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.002368200 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.0022576248 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.002368200 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002460500 |
| 2nd High | 0.002411800 |
| Next High | 0.002368200 |
| Current Price | 0.002299000 |
| Next Low | 0.002285400 |
| 2nd Low | 0.002210000 |
| 3rd Low | 0.002136100 |