SOL/BTC – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish movement down to the next support level at 0.001486800 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.001533400 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish chart scenario. 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).

0.001533400 – 0.001536300 – 0.001503600 – 0.001486800 – 0.001479400 – 0.001445000

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern