SOL/BTC – 1H – BUYThe currency pair jumps from the ascending trendline down.
A bearish trend downwards to the next support at 0.002369700 is expected.
Caution: A possible change in the direction of resistance at 0.002428500 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.0024285 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.002428500 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002523400 |
| 2nd High | 0.002506300 |
| Next High | 0.002428500 |
| Current Price | 0.002428000 |
| Next Low | 0.002369700 |
| 2nd Low | 0.002364000 |
| 3rd Low | 0.002332400 |