The currency pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0.001878000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002056100 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.0019249428 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.002056100 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002156000 |
2nd High | 0.002155900 |
Next High | 0.002056100 |
Current Price | 0.001988700 |
Next Low | 0.001878000 |
2nd Low | 0.001872200 |
3rd Low | 0.001853600 |