SOL/BTC – 1H – SELLThe currency pair moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.002285400 will continue.
Caution: A possible change in the direction of the resistance level at 0.002330000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.002269118 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.002330000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002460500 |
| 2nd High | 0.002411800 |
| Next High | 0.002330000 |
| Current Price | 0.002315000 |
| Next Low | 0.002285400 |
| 2nd Low | 0.002210000 |
| 3rd Low | 0.002136100 |