SOL/BTC – 1H – SELLThe combination goes from the ascending trendline downwards
A descending movement down to the next support level at 0.002298100 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.002411800 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.0023321 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.002411800 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002506300 |
| 2nd High | 0.002460500 |
| Next High | 0.002411800 |
| Current Price | 0.002325300 |
| Next Low | 0.002298100 |
| 2nd Low | 0.002251000 |
| 3rd Low | 0.002136100 |