SOL/BTC – 1H – SELL

The currency pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 0.00109 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.0011 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Bearish Separating Lines’ candlestick chart pattern is found. The chart forms ‘Bearish Separating Lines’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Separating Lines’ heading down is 63% (Bull Market) & 76% (Bear Market).

0.0011 – 0.0011 – 0.0011 – 0.00109 – 0.00109 – 0.00109 —
0.001101500 – 0.001095700 —
56.335819769673 – 45.700830094475 —
– —
0.0011 – 1777507200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Separating Lines – – –