Sell SOL/BTC – 1H – SELL

The pair Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.0012 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

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

Support & Resistance Price Range*
3rd High 0.00125
2nd High 0.00121
Next High 0.0012
Current Price 0.001174000
Next Low
2nd Low
3rd Low

0.0012 – 0.00121 – 0.00121 – 0.00115 – 0.00116 – 0.00118 —
0.001188200 – 0.001185800 —
67.802347998305 – 63.173489359495 —
– —
0.0012 – 1775433600

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