SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.

A bearish movement downwards to the next support line at 0.00123 will continue.

Caution: A possible change in the direction of the resistance line at 0.00127 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black 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 ‘Three Black Crows’ going down is 82%.

0.00127 – 0.00124 – 0.00124 – 0.00123 – 0.00123 – 0.00122 —
0.001263000 – 0.001250000 —
70.135305536863 – 50.859769356827 —
– —
0.00127 – 1773361800

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