SOL/BTC – 1H – SELL

In addition a ‘Double top chart pattern’ chart layout is discovered. The chart picture forms ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to go down.

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

A continuation of the bearish trend down to the next support level at 0.0012 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.00122 could occur.
Consider stop-loss settings accordingly.

In addition a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

In addition a ‘Three Outside Down’ candle pattern is found. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.00122 – 0.00125 – 0.00128 – 0.0012 – 0.00121 – 0.00122 —
0.001215500 – 0.001211700 —
43.234768455126 – 45.34501711688 —
– —
0.00122 – 1770778800

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