SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support line at 0.0012 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.00123 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.0012 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.00123 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Two Crows’ candle pattern is existing. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.00123 – 0.00124 – 0.00128 – 0.0012 – 0.00121 – 0.00122 —
0.001205100 – 0.001220800 —
31.171412432591 – 63.58063578522 —
– —
0.00123 – 1770730200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Double top chart pattern – –