Sell SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline down.

A continuation of the downward movement down to the next support line at is certain.

Caution: A possible counter-trend in the direction of resistance at 0.00141 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Two Crows’ candlestick chart pattern is existing. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00144
2nd High 0.00143
Next High 0.00141
Current Price 0.001392600
Next Low
2nd Low
3rd Low

0.00141 – 0.0014 – 0.00143 – 0.00138 – 0.00137 – 0.00139 —
0.001401500 – 0.001407200 —
55.162594895531 – 55.225862817953 —
– —
0.00141 – 1769736600

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