SOL/BTC – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.

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

A descending movement down to the next support at 0.001858500 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.001938500 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.0018469188 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.001938500 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.001938500 – 0.001952400 – 0.001915400 – 0.001858500 – 0.001875600 – 0.001844600 — 39.737655876151 – 38.540138125631

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –