SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.

A descending movement down to the next support level at 0.00108 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.0011 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘Matching Low’ chart pattern is discovered. The candles form ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.00109 – 0.00108 – 0.00107 – 0.00108 – 0.00105 – 0.00106 —
0.001128700 – 0.001131800 —
87.78831953733 – 79.158275211836 —
– —
0.00109 – 1781481600

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – – –