The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
The bullish trend up to the next resistance level at 0.002080100 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.002032600 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.0020801 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.002080100 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002156000 |
2nd High | 0.002155900 |
Next High | 0.002080100 |
Current Price | 0.002079400 |
Next Low | 0.002032600 |
2nd Low | 0.002023500 |
3rd Low | 0.002021100 |