SOL/BTC – 4H – SELLThe currency pair moves from the bullish trendline downwards
The bearish trend downwards to the next support at 0.002364000 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.002428500 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.002336 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.002428500 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002719000 |
| 2nd High | 0.002535900 |
| Next High | 0.002428500 |
| Current Price | 0.002377500 |
| Next Low | 0.002364000 |
| 2nd Low | 0.002251000 |
| 3rd Low | 0.002136100 |