SOL/BTC – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A bearish trend down to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.001555700 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.

In addition a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair could go down.

In addition a ‘Matching Low’ candle pattern is detected. The candles show ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.001555700 – 0.001586200 – 0.001558200 – 0.001508400 – 0.001508300 – 0.001543200 — 43.749902709157 – 43.680104191834

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern – –