SOL/BTC – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 0.001443900 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.001539900 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart scenario. The currency pair could go up.

Next a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.001539900 – 0.001567700 – 0.001631400 – 0.001443900 – 0.001471000 – 0.001538100 — 44.059599512686 – 41.984993389545

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Double top retreat up – –