SOL/BTC – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.00127 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.00127 – 0.00127 – 0.00129 – 0.00124 – 0.00117 – 0.00118 —
0.001261200 – 0.001257000 —
50.798276623761 – 50.02577986171 —
– —
0.00127 – 1771372800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Rising Wedge Chart Pattern – –