SOL/BTC – 4H – BUYThe pair moves from the ascending trendline down.
A descending movement downwards to the next support line at 0.002310300 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002691600 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00257773 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.002691600 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.002691600 |
| Current Price | 0.002517900 |
| Next Low | 0.002310300 |
| 2nd Low | 0.002209100 |
| 3rd Low | 0.002136100 |