SOL/BTC – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.

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

A descending movement down to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.001904700 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.001904700 – 0.001905000 – 0.001888900 – 0.001858100 – 0.001804400 – 0.001797600 — 47.570899638527 – 44.635098760796

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