SOL/BTC – 4H – BUYThe combination goes from the bullish trendline downwards
A descending movement downwards to the next support line at 0.002200000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.002384500 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.0023402076 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.002384500 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| 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 |