SOL/BTC – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The combination Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.

A bearish trend down to the next support level at 0.002012200 is expected.

Caution: A possible change in the direction of the resistance line at 0.002149000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.0020071 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.002149000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candle chart pattern is detected. The candles form ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.002149000 – 0.002155500 – 0.002104800 – 0.002012200 – 0.002007100 – 0.002047100 — 46.362224860109 – 45.18481763009

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