SOL/BTC – 1H – SELL

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

A continuation of the downtrend down to the next support at is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.00107 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.00107 – 0.00108 – 0.00107 – 0.00107 – 0.00107 – 0.00107 —
0.001067900 – 0.001066800 —
36.709226358289 – 48.257560067578 —
– —
0.00107 – 1777816800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – – –