SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at 0.00109 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.00111 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.00109 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 0.00111 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Matching Low’ candlestick chart pattern is detected. The candles show ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.00111 – 0.00111 – 0.00112 – 0.00109 – 0.0011 – 0.0011 —
0.001096000 – 0.001101200 —
39.196677480047 – 43.646596644401 —
– —
0.00111 – 1777257000

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – – –