SOL/BTC – 4H – BUYThe combination jumps from the bullish trendline downwards
A bearish descent downwards to the next support level at 0.002310300 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.002621000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.002621 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.002621000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002621000 |
| Current Price | 0.002579000 |
| Next Low | 0.002310300 |
| 2nd Low | 0.002209100 |
| 3rd Low | 0.002136100 |