Sell SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards

A descent down to the next support line at 0.00108 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.00111 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘Tweezers Top’ candle chart pattern is detected. The chart shows ‘Tweezers Top’. this 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 success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00114
2nd High 0.00112
Next High 0.00111
Current Price 0.001104400
Next Low 0.00108
2nd Low 0.00105
3rd Low

0.00111 – 0.0011 – 0.00109 – 0.00108 – 0.00108 – 0.00105 —
0.001101900 – 0.001108600 —
52.239124043254 – 62.152570172323 —
– —
0.00111 – 1778155200

Trading Signals:

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