SOL/BTC – 1H – SELLThe combination moves from the ascending trendline downwards
A bearish movement downwards to the next support at 0.002332100 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002460500 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.0023624024 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.002460500 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002523400 |
| 2nd High | 0.002506300 |
| Next High | 0.002460500 |
| Current Price | 0.002383100 |
| Next Low | 0.002332100 |
| 2nd Low | 0.002298100 |
| 3rd Low | 0.002251000 |