SOL/BTC – 1H – BUYThe currency pair moves from the bearish trendline up.
An ascending movement up to the next resistance level at 0.002403400 is certain.
Caution: A possible change in the direction of the support line at 0.002344600 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 through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0023822892 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.002403400 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002504300 |
| 2nd High | 0.002437400 |
| Next High | 0.002403400 |
| Current Price | 0.002359900 |
| Next Low | 0.002344600 |
| 2nd Low | 0.002307000 |
| 3rd Low | 0.002250700 |