SOL/BTC – 30M – SELL

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

A continuation of the downward movement down to the next support level at is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.0011 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Bearish Engulfing’ candle pattern is existing. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

0.0011 – 0.0011 – 0.0011 – 0.00109 – 0.00109 – 0.00109 —
0.001086600 – 0.001090900 —
38.530308963412 – 56.795644268299 —
– —
0.0011 – 1777509000

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