SOL/BTC – 4H – SELL

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

The bearish trend downwards to the next support line at is expected.

Caution: A possible change in the direction of the resistance line at 0.001739200 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

Next a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The currency pair could go down.

Next a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black 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 chance of ‘Three Black Crows’ going down is 82%.

0.001739200 – 0.001536300 – 0.001423500 – 0.001347600 – 0.001348800 – 0.001350600 — 40.319636018246 – 38.846430640933

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