SOL/BTC – 4H – SELL

The currency pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline downwards

A descending movement downwards to the next support line at 0.001360100 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.001486400 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘Collapsing Doji Star’ candlestick chart pattern is found. The candles form ‘Collapsing Doji Star’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

0.001486400 – 0.001509500 – 0.001560000 – 0.001360100 – 0.001407200 – 0.001407400

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Collapsing Doji Star