SOL/BTC – 30M – SELL

Furthermore a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.001255 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.00128 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bearish Engulfing’ candle chart pattern is detected. The candles show ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

0.00128 – 0.00124 – 0.00124 – 0.00123 – 0.00123 – 0.00123 —
0.001266500 – 0.001273100 —
63.711383681553 – 62.962549575344 —
– —
0.00128 – 1773613800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Engulfing – – –