SOL/BTC – 30M – SELL

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Current target is 0.0012693 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 0.00128 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish Engulfing’ candlestick pattern is existing. The candles form ‘Bearish Engulfing’. which 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 likelyhood of ‘Bearish Engulfing’ heading down is 79%.

0.00128 – 0.00128 – 0.00124 – 0.00126 – 0.00123 – 0.00123 —
0.001276000 – 0.001277200 —
55.291429757195 – 59.71034980895 —
– —
0.00128 – 1773637200

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