SOL/BTC – 30M – SELL

The pair Solana/Bitcoin (SOL/BTC) moves from the bullish trendline downwards

The bearish trend downwards to the next support level at 0.001456400 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.001567700 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The 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%.

0.001469500 – 0.001441300 – 0.001493500 – 0.001456400 – 0.001429500 – 0.001421300 — 77.572464977812 – 71.276381420684

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – – –