SOL/BTC – 4H – BUYThe combination jumps from the ascending trendline downwards
A descent down to the next support line at 0.002210000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.002460500 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.0023839416 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.002460500 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002719000 |
| 2nd High | 0.002535900 |
| Next High | 0.002460500 |
| Current Price | 0.002315700 |
| Next Low | 0.002210000 |
| 2nd Low | 0.002136100 |
| 3rd Low |