SOL/BTC – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.0024234 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.002550000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bearish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

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Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Engulfing