SOL/BTC – 4H – BUY
The pair moves from the ascending trendline down.
A descent downwards to the next support at 0.002310300 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.002691600 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00257773 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.002691600 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.002691600 |
Current Price | 0.002517900 |
Next Low | 0.002310300 |
2nd Low | 0.002209100 |
3rd Low | 0.002136100 |