Sell SOL/BTC – 4H – SELL

Moreover a ‘Double top chart pattern’ chart formation is existing. The chart forms ‘Double top chart pattern’. which is a negative pattern signal. The pair is likely to go down.

The combination Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 0.001360100 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.001486400 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Two Crows’ candlestick pattern is discovered. The candles form ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001560000
2nd High 0.001509500
Next High 0.001486400
Current Price 0.001352300
Next Low 0.001360100
2nd Low 0.001278000
3rd Low

0.001486400 – 0.001509500 – 0.001560000 – 0.001360100 – 0.001407200 – 0.001407400

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