SOL/BTC – 1H – SELLThe pair goes from the ascending trendline downwards
A descending movement down to the next support level at 0.002369700 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.002459600 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.002396 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.002459600 is also possible.
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 | 0.002459600 |
| Current Price | 0.002388300 |
| Next Low | 0.002369700 |
| 2nd Low | 0.002364000 |
| 3rd Low | 0.002332400 |