SOL/BTC – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.00122 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.00124 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.00123 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.00124 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.00124 – 0.00124 – 0.00125 – 0.00122 – 0.00122 – 0.00123 —
0.001226600 – 0.001244500 —
37.051356735304 – 68.113810416617 —
– —
0.00124 – 1773205200

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