SOL/BTC – 1H – BUYThe combination moves from the ascending trendline down.
A bearish descent down to the next support level at 0.002369700 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.002506300 is within the realm of possibility.
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 will continue. Current target is 0.0024285 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.002506300 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002535900 |
| 2nd High | 0.002523400 |
| Next High | 0.002506300 |
| Current Price | 0.002434200 |
| Next Low | 0.002369700 |
| 2nd Low | 0.002364000 |
| 3rd Low | 0.002332400 |