SOL/BTC – 4H – BUYThe pair jumps from the ascending trendline down.
The bearish trend down to the next support level at 0.002200000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.002384500 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 0.002322484 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.002384500 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002719000 |
| 2nd High | 0.002535900 |
| Next High | 0.002384500 |
| Current Price | 0.002237300 |
| Next Low | 0.002200000 |
| 2nd Low | 0.002155000 |
| 3rd Low |