SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support at 0.00112 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.00113 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Three Outside Down’ candlestick pattern is detected. The chart forms ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.00113 – 0.00114 – 0.00114 – 0.00112 – 0.00112 – 0.00115 —
0.001126300 – 0.001127400 —
42.776658220624 – 46.885651723481 —
– —
0.00113 – 1776742200

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