SOL/BTC – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 0.0011 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.00112 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Also there is a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.00112 – 0.00112 – 0.00112 – 0.00111 – 0.0011 – 0.00109 —
0.001107400 – 0.001111200 —
39.731126149801 – 54.613122899532 —
– —
0.00112 – 1777172400

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – – –