SOL/BTC – 30M – SELL

Next a ‘Double top chart pattern’ chart formation is detected. The chart picture shows ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination Solana/Bitcoin (SOL/BTC) moves from the ascending trendline downwards

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

Caution: A possible counter-trend in the direction of the resistance zone at 0.001555700 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.001555700 – 0.001586200 – 0.001558200 – 0.001508400 – 0.001508300 – 0.001543200 — 36.210092767148 – 34.918511102908

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