SOL/BTC – 30M – SELL

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

A descending movement down to the next support at 0.00108 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.0011 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.0011 – 0.00109 – 0.00105 – 0.00108 – 0.00108 – 0.00105 —
0.001105400 – 0.001104000 —
60.183133409338 – 53.66163199061 —
– —
0.0011 – 1778104800

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –