Sell SOL/BTC – 30M – SELL

The pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at 0.001522700 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.001543800 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. which is often a bearish signal. The pair is likely to go down.

In addition a ‘Two Crows’ chart pattern is detected. The chart forms ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001567700
2nd High 0.001546100
Next High 0.001543800
Current Price 0.001505500
Next Low 0.001522700
2nd Low 0.001490300
3rd Low 0.001486200

0.001543800 – 0.001546100 – 0.001567700 – 0.001522700 – 0.001523300 – 0.001538100 — 34.084649358273 – 32.561067129528

Trading Signals:

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