SOL/BTC – 1H – SELL

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

A continuation of the bearish trend down to the next support at 0.00137 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.00143 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Collapsing Doji Star’ candle pattern is discovered. The chart forms ‘Collapsing Doji Star’. 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 ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

0.00143 – 0.00142 – 0.00141 – 0.00137 – 0.0014 – 0.00136 —
0.001402600 – 0.001398500 —
48.226447303704 – 50.61809447909 —
– —
0.00143 – 1769529600

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Collapsing Doji Star – – –