SOL/BTC – 1H – SELL

The combination Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 0.001563400 is certain.

Caution: A possible change in the direction of the resistance level at 0.001631400 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘RSI cross above 30’ indicator signal is discovered. The indicator shows ‘RSI cross above 30’. which is often a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘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 probability of ‘Three Black Crows’ going down is 82%.

0.001631400 – 0.001594600 – 0.001613600 – 0.001563400 – 0.001562500 – 0.001529200 — 34.950434546319 – 31.489774317567

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Double bottom retreat down –