SOL/BTC – 30M – BUYThe combination moves from the descending trendline upwards
A bullish trend upwards to the next resistance level at 0.002504300 will continue.
Caution: A possible trend reversal in the direction of support at 0.002410500 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.002460178 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.002504300 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002597200 |
| 2nd High | 0.002567500 |
| Next High | 0.002504300 |
| Current Price | 0.002422600 |
| Next Low | 0.002410500 |
| 2nd Low | 0.002399000 |
| 3rd Low | 0.002307000 |