SOL/BTC – 1H – SELL

The combination Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline down.

A bearish movement down to the next support at 0.00111 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.00113 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Last Engulfing Top’ candlestick chart pattern is found. The candles show ‘Last Engulfing Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

0.00113 – 0.00113 – 0.00109 – 0.00111 – 0.00111 – 0.00105 —
0.001125200 – 0.001122400 —
59.405935075175 – 54.477688720974 —
– —
0.00113 – 1781611200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Last Engulfing Top – – –