SOL/BTC – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.00124 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

And also a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Collapsing Doji Star’ candlestick chart pattern is existing. The chart shows ‘Collapsing Doji Star’. 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 success rate of a ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

0.00124 – 0.00124 – 0.00124 – 0.00122 – 0.00121 – 0.00122 —
0.001231800 – 0.001235600 —
51.786023315495 – 51.839785455541 —
– —
0.00124 – 1773252000

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Collapsing Doji Star – Symmetrical Triangle Chart Pattern – –