SOL/BTC – 4H – BUYThe pair moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 0.002200000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.002384500 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.002322484 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.002384500 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002719000 |
| 2nd High | 0.002535900 |
| Next High | 0.002384500 |
| Current Price | 0.002237300 |
| Next Low | 0.002200000 |
| 2nd Low | 0.002155000 |
| 3rd Low |