SOL/BTC – 1H – SELL

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

A continuation of the bearish trend down to the next support at 0.001407400 will persist.

Caution: A possible change in the direction of the resistance zone at 0.001462100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.001462100 – 0.001496400 – 0.001560000 – 0.001407400 – 0.001464300 – 0.001456200

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