SOL/BTC – 30M – SELL

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

A continuation of the downtrend down to the next support level at 0.00124 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.00126 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Bearish Engulfing’ chart pattern is detected. The candles form ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

0.00126 – 0.00126 – 0.00127 – 0.00124 – 0.00124 – 0.00124 —
0.001245000 – 0.001240400 —
39.271359318907 – 26.429001452093 —
– —
0.00126 – 1774686600

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Engulfing – – –