SOL/BTC – 4H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.00129 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.00143 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Shooting Star’ candlestick chart pattern is discovered. The chart forms ‘Shooting Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

0.00143 – 0.00143 – 0.00146 – 0.00136 – 0.00141 – 0.0014 —
0.001341700 – 0.001333500 —
40.856403534677 – 41.797975528181 —
– —
0.00143 – 1769529600

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Shooting Star – – –