SOL/BTC – 1H – SELL

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

A bearish movement downwards to the next support level at 0.001288500 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001423500 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.001423500 – 0.001421100 – 0.001413300 – 0.001360400 – 0.001367700 – 0.001382100

Trading Signals: FOREX – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern