SOL/BTC – 1H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline down.

A bearish descent downwards to the next support level at is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.001720700 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

There is also a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. which could be a negative signal. The currency pair could go down.

There is also a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.001720700 – 0.001739200 – 0.001536300 – 0.001649800 – 0.001486200 – 0.001479400

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