Sell SOL/BTC – 1H – SELL

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

A continuation of the downtrend downwards to the next support at 0.001045900 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.00107 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

And also a ‘Two Crows’ candle pattern is discovered. The candles form ‘Two Crows’. 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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00109
2nd High 0.00108
Next High 0.00107
Current Price 0.001048600
Next Low 0.001045900
2nd Low
3rd Low

0.00107 – 0.00108 – 0.00107 – 0.001045900 – 0.00107 – 0.00107 —
0.001049400 – 0.001054900 —
31.860197214891 – 47.297077998992 —
0.001045900 – 1777960800 —
0.00107 – 1777816800

Trading Signals:

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