Sell SOL/BTC – 30M – SELL

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

A continuation of the downward movement down to the next support level at 0.00146 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.00153 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.

In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

In addition a ‘Two Crows’ chart pattern is found. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00187
2nd High 0.00184
Next High 0.00153
Current Price 0.001517500
Next Low 0.00146
2nd Low 0.00143
3rd Low 0.00142

0.00153 – 0.00184 – 0.00184 – 0.00152 – 0.00156 – 0.0018 — 46.009247984287 – 43.665530914047 — 45.644396205178 – 47.433269014311 – 42.422415179289 – 46.859757731682

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