SOL/BTC – 1H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The pair Solana/Bitcoin (SOL/BTC) moves from the ascending trendline down.

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

Caution: A possible reversal of the trend in the direction of resistance at 0.001720700 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘RSI cross above 30’ indicator signal is discovered. The indicator shows ‘RSI cross above 30’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Two Crows’ candle pattern is found. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.001720700 – 0.001739200 – 0.001536300 – 0.001649800 – 0.001486200 – 0.001479400

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern –