SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 0.00123 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.00126 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘StochOSC Hidden Bearish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Hidden Bearish Divergence’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.00125 – 0.00123 – 0.00124 – 0.00123 – 0.00121 – 0.00123 —
0.001253300 – 0.001253000 —
74.213049785972 – 59.312392722393 —
– —
0.00125 – 1773025200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –