SOL/BTC – 1H – SELL

Furthermore a ‘Double top chart pattern’ chart pattern is detected. The chart shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.

A bearish movement downwards to the next support line at 0.001529200 is certain.

Caution: A possible change in the direction of resistance at 0.001567700 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

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

Furthermore a ‘Three Inside Down’ candle pattern is detected. The chart forms ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.001567700 – 0.001631400 – 0.001594600 – 0.001538100 – 0.001563400 – 0.001562500 — 42.446765981149 – 38.355755172463

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Inside Down – Double top chart pattern –