Sell SOL/BTC – 1H – SELL

The currency pair jumps from the bullish trendline downwards

A bearish movement down to the next support at 0.002285400 is certain.

Caution: A possible change in the direction of the resistance line at 0.002368200 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0022576248 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.002368200 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.002460500
2nd High 0.002411800
Next High 0.002368200
Current Price 0.002303600
Next Low 0.002285400
2nd Low 0.002210000
3rd Low 0.002136100

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