Sell SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at 0.001443900 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.001539900 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI cross above 20’ indicator signal is found. The indicator is ‘StochRSI cross above 20’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

And also a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.001546100
2nd High 0.001543800
Next High 0.001539900
Current Price 0.001466000
Next Low 0.001443900
2nd Low 0.001396000
3rd Low 0.001357400

0.001539900 – 0.001527600 – 0.001543800 – 0.001443900 – 0.001452600 – 0.001486500 — 45.952734128461 – 44.864081560843

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