SOL/BTC – 30M – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A descending movement down to the next support level at 0.001944700 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.001980200 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Last Engulfing Top’ candlestick pattern is detected. The chart shows ‘Last Engulfing Top’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

0.001980200 – 0.001986100 – 0.001947000 – 0.001944700 – 0.001910000 – 0.001895600 — 45.160755929294 – 43.7665573769

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –