SOL/BTC – 4H – SELL

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

A continuation of the downward movement down to the next support at 0.0012 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.00129 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

In addition a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.00129 – 0.00143 – 0.00143 – 0.0012 – 0.00121 – 0.00122 —
0.001218800 – 0.001316100 —
40.6459529822 – 70.566415168915 —
– —
0.00129 – 1771142400

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