SOL/BTC – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.001471000 is expected.

Caution: A possible change in the direction of the resistance zone at 0.001527600 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘RSI cross above 30’ indicator signal is detected. The indicator shows ‘RSI cross above 30’. which is often a bullish signal. The currency pair could go up.

There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Southern Doji’ candlestick pattern is discovered. The chart forms ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.001527600 – 0.001543800 – 0.001546100 – 0.001471000 – 0.001500000 – 0.001522700 — 28.868100208921 – 28.608916771006

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