SOL/BTC – 1H – SELL

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

A continuation of the downward movement down to the next support line at 0.00124 will persist.

Caution: A possible change in the direction of resistance at 0.00128 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

0.00128 – 0.00133 – 0.00141 – 0.00124 – 0.00138 – 0.00137 —
0.001254600 – 0.001251500 —
39.305522868011 – 25.788822565302 —
– —
0.00128 – 1770231600

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Engulfing – – –