SOL/BTC – 4H – SELL

The pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards

A bearish trend down to the next support line at 0.001522800 is expected.

Caution: A possible change in the direction of the resistance zone at 0.001739200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI cross above 30’ indicator signal is found. The indicator is ‘RSI cross above 30’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.001739200 – 0.001536300 – 0.001423500 – 0.001522800 – 0.001347600 – 0.001348800 — 48.578914333258 – 46.675895871545

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern –