SOL/BTC – 1H – SELLThe currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline down.
A descending movement downwards to the next support level at 0.002334200 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.002441900 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.0023342 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.002441900 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002675400 |
| 2nd High | 0.002459000 |
| Next High | 0.002441900 |
| Current Price | 0.002387500 |
| Next Low | 0.002334200 |
| 2nd Low | 0.002310300 |
| 3rd Low | 0.002307000 |