SOL/BTC – 1H – BUYThe combination breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.002437400 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.002310300 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 0.0024374 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002437400 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002621000 |
| 2nd High | 0.002504300 |
| Next High | 0.002437400 |
| Current Price | 0.002436000 |
| Next Low | 0.002310300 |
| 2nd Low | 0.002307000 |
| 3rd Low | 0.002250700 |