SOL/BTC – 1H – SELL

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

A descent down to the next support level at 0.002021100 will persist.

Caution: A possible change in the direction of the resistance zone at 0.002076400 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.0020282088 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.002076400 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Download SOL/BTC Signal Image

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows