SOL/BTC – 1H – SELLThe pair moves from the bullish trendline down.
A bearish trend down to the next support level at 0.002364000 will continue.
Caution: A possible change in the direction of the resistance zone at 0.002428500 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.0023633 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.002428500 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002523400 |
| 2nd High | 0.002506300 |
| Next High | 0.002428500 |
| Current Price | 0.002382500 |
| Next Low | 0.002364000 |
| 2nd Low | 0.002332400 |
| 3rd Low | 0.002298100 |