SOL/BTC – 1H – SELLThe pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.
A bearish trend downwards to the next support level at 0.002440100 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002671900 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.00253395 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.002671900 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002711100 |
| 2nd High | 0.002693600 |
| Next High | 0.002671900 |
| Current Price | 0.002604300 |
| Next Low | 0.002440100 |
| 2nd Low | 0.002356800 |
| 3rd Low | 0.002334200 |