SOL/BTC – 1H – SELL

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

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

Caution: A possible trend reversal in the direction of the resistance zone at 0.0011 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.0011 – 0.0011 – 0.0011 – 0.00109 – 0.00109 – 0.00109 —
0.001096600 – 0.001092700 —
46.658119665099 – 43.626640842181 —
– —
0.0011 – 1777507200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – – –