SOL/BTC – 30M – SELL

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

A continuation of the downtrend down to the next support at 0.00126 is likely expected.

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

Furthermore a ‘Last Engulfing Top’ candle chart pattern is discovered. The candles show ‘Last Engulfing Top’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

0.00127 – 0.00128 – 0.00128 – 0.00126 – 0.00127 – 0.00126 —
0.001260400 – 0.001275300 —
26.512551829211 – 59.415605784141 —
– —
0.00127 – 1774233000

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Last Engulfing Top – – –