The combination Solana/Bitcoin (SOL/BTC) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.0011 is certain.
Caution: A possible change in the direction of the resistance zone at 0.00112 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
There is also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0011 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 0.00112 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00118 |
| 2nd High | 0.00115 |
| Next High | 0.00112 |
| Current Price | 0.001103600 |
| Next Low | 0.0011 |
| 2nd Low | 0.00109 |
| 3rd Low | 0.00108 |
0.00112 – 0.00115 – 0.00114 – 0.0011 – 0.00113 – 0.00111 —
0.001123400 – 0.001115300 —
50.820977382217 – 45.837015279924 —
– —
0.00112 – 1780484400