SOL/BTC – 1H – SELLThe pair goes from the ascending trendline down.
A bearish descent downwards to the next support line at 0.002247800 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.002397700 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 will continue. Target of the current trend is 0.0022536096 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.002397700 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 | 0.002397700 |
| Current Price | 0.002284500 |
| Next Low | 0.002247800 |
| 2nd Low | 0.002209100 |
| 3rd Low | 0.002136100 |