SOL/BTC – 4H – SELLThe combination moves from the bullish trendline downwards
A bearish descent down to the next support line at 0.002310300 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.002621000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.0025237916 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.002621000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002621000 |
| Current Price | 0.002586200 |
| Next Low | 0.002310300 |
| 2nd Low | 0.002209100 |
| 3rd Low | 0.002136100 |