SOL/BTC – 30M – SELL

Additionally a ‘Double top chart pattern’ chart layout is existing. The chart shows ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A bearish movement down to the next support line at 0.001858500 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.001938500 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

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

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.0018469188 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.001938500 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

0.001938500 – 0.001952400 – 0.001915400 – 0.001858500 – 0.001875600 – 0.001844600 — 49.475034175174 – 43.086758728662

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