SOL/BTC – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A continuation of the downtrend downwards to the next support level at 0.00139 is considered certain.

Caution: A possible change in the direction of resistance at 0.00141 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00138284 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.00141 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Matching Low’ chart pattern is detected. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.00141 – 0.00141 – 0.0014 – 0.00139 – 0.00138 – 0.00137 —
0.001414200 – 0.001409900 —
57.631496413967 – 48.904795245022 —
– —
0.00141 – 1769788800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – Symmetrical Triangle Chart Pattern – –