SOL/BTC – 30M – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline down.

The bearish trend downwards to the next support at 0.001595500 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.001662300 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.001662300 – 0.001707300 – 0.001697000 – 0.001595500 – 0.001581400 – 0.001620000 — 35.184058642044 – 32.093610982908

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –