SOL/BTC – 30M – SELL

The pair Solana/Bitcoin (SOL/BTC) moves from the descending trendline down.

A continuation of the bearish trend down to the next support level at 0.00109 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.0011 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Bearish Engulfing’ candle pattern is found. The candles show ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

0.0011 – 0.00111 – 0.00111 – 0.00109 – 0.0011 – 0.0011 —
0.001101200 – 0.001098100 —
43.6465970773 – 45.962266376118 —
– —
0.0011 – 1777312800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Engulfing – – –