SOL/BTC – 1H – SELL

Then a ‘Double top chart pattern’ chart pattern is existing. The chart shows ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A descending movement downwards to the next support at is expected.

Caution: A possible change in the direction of the resistance level at 0.001555700 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Then a ‘RSI fall below 70’ indicator signal is detected. The indicator shows ‘RSI fall below 70’. which is often a bearish signal. The currency pair could go down.

Then a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.

Then a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘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 success rate of a ‘Three Black Crows’ going down is 82%.

0.001555700 – 0.001586200 – 0.001469500 – 0.001508300 – 0.001456400 – 0.001421300 — 38.746230511929 – 36.556324988022

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Double top chart pattern – –