SOL/BTC – 30M – SELL

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

A continuation of the downtrend down to the next support level at will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.001837500 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

And also a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. which is a bullish pattern 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 ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.001837500 – 0.001834400 – 0.001847200 – 0.001811300 – 0.001825500 – 0.001823900 — 48.131830283921 – 47.462298881784

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – – –