SOL/BTC – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.00124 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.001283200 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘Shooting Star’ candlestick pattern is detected. The chart forms ‘Shooting Star’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

0.001283200 – 0.00127 – 0.00127 – 0.00124 – 0.00125 – 0.00126 —
0.001283200 – 0.001262100 —
68.564042454614 – 46.990072730637 —
0.001283200 – 1772586000 —
– 1772586000

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Shooting Star – – –