SOL/BTC – 30M – SELL

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.00121 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.00125 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Outside Down’ candlestick pattern is detected. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.00125 – 0.00125 – 0.00125 – 0.00121 – 0.00121 – 0.00123 —
0.001219600 – 0.001223200 —
45.744781101842 – 50.677953582004 —
– —
0.00125 – 1774890000

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Down – – –