SOL/BTC – 1H – SELLThe combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support line at will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.002231900 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.0021364 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.002231900 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002322500 |
| 2nd High | 0.002313800 |
| Next High | 0.002231900 |
| Current Price | 0.002127400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |