SOL/BTC – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.00122 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00124 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Three Inside Down’ candlestick chart pattern is discovered. The candles show ‘Three Inside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.00124 – 0.00124 – 0.00125 – 0.00122 – 0.00122 – 0.00123 —
0.001227500 – 0.001229100 —
42.737486889491 – 51.410130150108 —
– —
0.00124 – 1773205200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Inside Down – – –