Sell SOL/BTC – 30M – SELL

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

A descent down to the next support level at is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.001659700 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

In addition a ‘Identical 3 Crows’ candlestick chart pattern is found. The candles show ‘Identical 3 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 probability of ‘Identical 3 Crows’ heading down is 79% (Bull Market) & 72% (Bear Market).

Support & Resistance Price Range*
3rd High 0.001707300
2nd High 0.001662300
Next High 0.001659700
Current Price 0.001607700
Next Low
2nd Low
3rd Low

0.001659700 – 0.001599400 – 0.001590300 – 0.001628300 – 0.001576400 – 0.001557500 — 37.855201854173 – 36.933396853665

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