SOL/BTC – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.00124 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.00126 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Outside Down’ candle chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.00126 – 0.0013 – 0.0013 – 0.00124 – 0.00125 – 0.00128 —
0.001249800 – 0.001254600 —
39.94858600852 – 49.786897309729 —
– —
0.00126 – 1774623600

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Down – – –