SOL/BTC – 30M – SELL

Then a ‘Double top chart pattern’ chart pattern is existing. The formation shows ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to go down.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.0013740606 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.001423500 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Falling Window’ candlestick chart pattern is detected. The candles show ‘Falling Window’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).

0.001423500 – 0.001421100 – 0.001384600 – 0.001386000 – 0.001367700 – 0.001382100

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Falling Window – Double top chart pattern