Sell SOL/BTC – 1H – SELL

The combination Solana/Bitcoin (SOL/BTC) goes from the ascending trendline downwards

The bearish trend downwards to the next support level at 0.001941100 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.002064900 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

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

Support & Resistance Price Range*
3rd High 0.002155500
2nd High 0.002149000
Next High 0.002064900
Current Price 0.002006800
Next Low 0.001941100
2nd Low 0.001910000
3rd Low 0.001895600

0.002064900 – 0.002149000 – 0.002155500 – 0.002012200 – 0.002007100 – 0.002047100 — 33.626669785374 – 32.221536920692

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