SOL/BTC – 4H – SELL

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

A continuation of the bearish trend down to the next support at 0.0012 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.00129 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

In addition a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.00129 – 0.00143 – 0.00143 – 0.0012 – 0.00121 – 0.00122 —
0.001274500 – 0.001296900 —
65.178207797624 – 64.703740782558 —
– —
0.00129 – 1771142400

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –