Sell SOL/BTC – 1H – SELL

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

A descending movement down to the next support level at will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.00113 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘Two Crows’ chart pattern is detected. The candles form ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00118
2nd High 0.00116
Next High 0.00113
Current Price 0.001112300
Next Low
2nd Low
3rd Low

0.00113 – 0.00113 – 0.00112 – 0.00109 – 0.0011 – 0.00109 —
0.001126400 – 0.001116700 —
57.280944775579 – 51.592344287799 —
– —
0.00113 – 1782367200

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