SOL/BTC – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.00112 is certain.

Caution: A possible change in the direction of the resistance level at 0.00114 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish Engulfing’ chart pattern is found. The chart forms ‘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%.

0.00114 – 0.00114 – 0.00114 – 0.00112 – 0.00112 – 0.00115 —
0.001128200 – 0.001130600 —
49.260337751227 – 45.690452719069 —
– —
0.00114 – 1776691800

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