SOL/BTC – 30M – SELL

There is also a ‘Double bottom retreat down’ chart formation is discovered. The formation shows ‘Double bottom retreat down’. which is a bearish pattern signal. The pair is likely to go down.

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

A bearish trend downwards to the next support line at 0.001563400 is expected.

Caution: A possible change in the direction of the resistance zone at 0.001613600 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.0015682 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.001613600 could be enabled.
Consider stop-loss settings accordingly.

0.001594600 – 0.001613600 – 0.001591100 – 0.001563400 – 0.001562500 – 0.001529200 — 56.98166895654 – 53.102705113416

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