SOL/BTC – 1H – SELLThe currency pair goes from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.002155000 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.002275600 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.0022056 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.002275600 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002347500 |
| 2nd High | 0.002319200 |
| Next High | 0.002275600 |
| Current Price | 0.002174500 |
| Next Low | 0.002155000 |
| 2nd Low | |
| 3rd Low |