Sell SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) goes from the bullish trendline down.

A bearish trend downwards to the next support at 0.00126 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.00133 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Inside Down’ candlestick chart pattern is found. The candles form ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00143
2nd High 0.00141
Next High 0.00133
Current Price 0.001260900
Next Low 0.00126
2nd Low
3rd Low

0.00133 – 0.00141 – 0.00141 – 0.00127 – 0.00139 – 0.00138 —
0.001278800 – 0.001267500 —
33.82717703311 – 34.83848675057 —
– —
0.00133 – 1770145200

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