SOL/BTC – 1H – SELLThe currency pair moves from the ascending trendline downwards
A bearish descent down to the next support level at 0.002369700 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.002451500 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.0024233924 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.002451500 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002523400 |
| 2nd High | 0.002506300 |
| Next High | 0.002451500 |
| Current Price | 0.002432600 |
| Next Low | 0.002369700 |
| 2nd Low | 0.002364000 |
| 3rd Low | 0.002332400 |