SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at 0.001445000 is expected.

Caution: A possible change in the direction of the resistance line at 0.001539900 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘RSI cross above 30’ indicator signal is detected. The indicator shows ‘RSI cross above 30’. which is often a bullish chart scenario. The pair is likely to go up.

There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.0014526 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.001539900 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Matching Low’ candlestick pattern is detected. The chart forms ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.001539900 – 0.001527600 – 0.001543800 – 0.001452600 – 0.001486500 – 0.001471000 — 33.160320922324 – 32.54151048905

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Triple top chart pattern –