SOL/BTC – 30M – SELL

The pair Solana/Bitcoin (SOL/BTC) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002064900 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Two Crows’ candlestick pattern is existing. The chart shows ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.002064900 – 0.002043500 – 0.002106800 – 0.002001500 – 0.002012200 – 0.002007100 — 51.597061078618 – 50.04614014292

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