SOL/BTC – 30M – SELL

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

A bearish trend down to the next support line at 0.00105 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.00109 could occur.
Consider stop-loss settings accordingly.

Besides a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

0.00109 – 0.00105 – 0.00107 – 0.00105 – 0.00106 – 0.00107 —
0.001090200 – 0.001094900 —
52.948173891433 – 66.542135110567 —
– —
0.00109 – 1778059800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Engulfing – Rising Wedge Chart Pattern – –