SOL/BTC – 1H – SELL

The combination Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.001563400 is certain.

Caution: A possible change in the direction of the resistance line at 0.001631400 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI cross above 30’ indicator layout is discovered. The indicator shows ‘RSI cross above 30’. which is often a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Southern Doji’ chart pattern is detected. The candles form ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.001631400 – 0.001594600 – 0.001613600 – 0.001563400 – 0.001562500 – 0.001529200 — 27.243537211069 – 26.854910902023

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Southern Doji – Double bottom retreat down –