SOL/BTC – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.00111 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.00112 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Bearish Belt Hold’ chart pattern is detected. The chart forms ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.00112 – 0.0011 – 0.0011 – 0.00111 – 0.0011 – 0.00109 —
0.001112600 – 0.001117700 —
51.212035447615 – 60.625446226856 —
– —
0.00112 – 1777062600

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Belt Hold – – –