SOL/BTC – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 0.001818700 will persist.

Caution: A possible change in the direction of the resistance zone at 0.001847200 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Then a ‘Three Outside Down’ candlestick pattern is existing. The chart shows ‘Three Outside Down’. 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 Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.001847200 – 0.001856700 – 0.001880600 – 0.001825500 – 0.001823900 – 0.001818700 — 39.254310397641 – 38.748924311391

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Down – Double bottom chart pattern – –