SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline downwards

A continuation of the downtrend down to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.001606700 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candle chart pattern is found. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.001606700 – 0.001609900 – 0.001719800 – 0.001530400 – 0.001566900 – 0.001664400 — 54.186587575669 – 50.708988798233

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Down – –