SOL/BTC – 4H – SELL

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

A continuation of the downward movement down to the next support line at is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.0011 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘Last Engulfing Bottom:’ candle chart pattern is discovered. The chart forms ‘Last Engulfing Bottom:’. this 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 probability of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

0.0011 – 0.00112 – 0.0012 – 0.00109 – 0.00109 – 0.00112 —
0.001096000 – 0.001094100 —
44.872390233585 – 38.182591143898 —
– —
0.0011 – 1777420800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Last Engulfing Bottom: – Symmetrical Triangle Chart Pattern – –