SOL/BTC – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.001471000 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.001539900 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘RSI cross above 30’ indicator layout is existing. The indicator shows ‘RSI cross above 30’. which is often a bullish chart signal. The currency pair could go up.

Additionally a ‘Matching Low’ candlestick chart pattern is found. The chart shows ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.001539900 – 0.001527600 – 0.001543800 – 0.001471000 – 0.001500000 – 0.001522700 — 24.460231560872 – 24.366742019376

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern –