SOL/BTC – 30M – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The currency pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.

A bearish movement down to the next support level at 0.001348800 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.001379400 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.001379400 – 0.001392000 – 0.001423500 – 0.001348800 – 0.001360400 – 0.001386000

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern