SOL/BTC – 1H – BUYThe currency pair breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 0.002411800 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.002321100 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.0023667 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.002411800 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002506300 |
| 2nd High | 0.002460500 |
| Next High | 0.002411800 |
| Current Price | 0.002372900 |
| Next Low | 0.002321100 |
| 2nd Low | 0.002309700 |
| 3rd Low | 0.002305000 |