SOL/BTC – 1H – SELLThe combination jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.002332800 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.002403400 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0023328 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.002403400 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002504300 |
| 2nd High | 0.002437400 |
| Next High | 0.002403400 |
| Current Price | 0.002358000 |
| Next Low | 0.002332800 |
| 2nd Low | 0.002307000 |
| 3rd Low | 0.002250700 |