SOL/BTC – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 0.00139 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.001414500 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.001414500 – 0.00141 – 0.0014 – 0.00139 – 0.00138 – 0.00137 —
0.001414500 – 0.001412700 —
60.363839149329 – 52.303255164646 —
0.001414500 – 1769788800 —
– 1769788800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – – –