SOL/BTC – 4H – SELLThe pair moves from the bullish trendline downwards
A bearish descent down to the next support at 0.002310300 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002621000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 0.0025237916 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.002621000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002621000 |
| Current Price | 0.002591000 |
| Next Low | 0.002310300 |
| 2nd Low | 0.002209100 |
| 3rd Low | 0.002136100 |