SOL/BTC – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A continuation of the downward movement downwards to the next support at 0.001818700 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.001847200 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Down’. 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 success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.001847200 – 0.001856700 – 0.001880600 – 0.001825500 – 0.001823900 – 0.001818700 — 39.649487929606 – 36.057254942136

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Down – Symmetrical Triangle Chart Pattern – –