SOL/BTC – 4H – SELL

The combination Solana/Bitcoin (SOL/BTC) moves from the bullish trendline down.

A bearish descent downwards to the next support level at 0.001360100 is expected.

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

There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

There is also a ‘Collapsing Doji Star’ chart pattern is existing. The chart shows ‘Collapsing Doji Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going 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