SOL/BTC – 1H – SELLThe pair goes from the bullish trendline downwards
A descending movement downwards to the next support at 0.002310300 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.002393400 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00237385 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.002393400 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002437400 |
| 2nd High | 0.002403400 |
| Next High | 0.002393400 |
| Current Price | 0.002376200 |
| Next Low | 0.002310300 |
| 2nd Low | 0.002307000 |
| 3rd Low | 0.002250700 |