SOL/BTC – 1H – BUYThe currency pair jumps from the ascending trendline down.
A descending movement downwards to the next support line at 0.002309700 will continue.
Caution: A possible change in the direction of resistance at 0.002336000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.0023378 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.002336000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002368200 |
| 2nd High | 0.002337800 |
| Next High | 0.002336000 |
| Current Price | 0.002322700 |
| Next Low | 0.002309700 |
| 2nd Low | 0.002305000 |
| 3rd Low | 0.002245400 |