Sell SOL/BTC – 30M – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The currency pair Solana/Bitcoin (SOL/BTC) jumps from the bullish trendline downwards

A bearish movement downwards to the next support level at 0.001595500 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.001662300 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish 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%.

Support & Resistance Price Range*
3rd High 0.001719800
2nd High 0.001707300
Next High 0.001662300
Current Price 0.001611100
Next Low 0.001595500
2nd Low 0.001581400
3rd Low 0.001464100

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

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