SOL/BTC – 1H – SELL

The currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards

The bearish trend down to the next support line at will continue.

Caution: A possible change in the direction of the resistance line at 0.001586200 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

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

Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001586200 – 0.001469500 – 0.001493500 – 0.001508300 – 0.001456400 – 0.001421300 — 44.447040356251 – 42.297064366186

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern – –