SOL/BTC – 4H – SELLThe pair moves from the ascending trendline downwards
A descending movement down to the next support line at 0.002155000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.002384500 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.0022 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.002384500 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002719000 |
| 2nd High | 0.002535900 |
| Next High | 0.002384500 |
| Current Price | 0.002180000 |
| Next Low | 0.002155000 |
| 2nd Low | |
| 3rd Low |