SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards
A bearish trend down to the next support at 0.002356800 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.002693600 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.0024148566 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.002693600 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002711100 |
| Next High | 0.002693600 |
| Current Price | 0.002495900 |
| Next Low | 0.002356800 |
| 2nd Low | 0.002334200 |
| 3rd Low | 0.002310300 |