SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at will persist.

Caution: A possible change in the direction of the resistance line at 0.001613600 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.

Next a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.001613600 – 0.001591100 – 0.001561600 – 0.001529200 – 0.001522800 – 0.001530400 — 44.295806222277 – 40.105287720646

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Double bottom retreat down –