SOL/BTC – 30M – SELL

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

A continuation of the downward movement down to the next support line at 0.001811300 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.001837500 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.001837500 – 0.001834400 – 0.001847200 – 0.001811300 – 0.001825500 – 0.001823900 — 57.362141140299 – 54.430236584667

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Double bottom retreat down – –