SOL/BTC – 4H – SELL

The currency pair Solana/Bitcoin (SOL/BTC) jumps from the ascending trendline downwards

A bearish descent down to the next support line at 0.00111 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.00113 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Last Engulfing Top’ chart pattern is existing. The chart forms ‘Last Engulfing Top’. this 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 ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.00113 – 0.00113 – 0.0012 – 0.00111 – 0.00109 – 0.0011 —
0.001141100 – 0.001120600 —
65.937105878564 – 49.002237576938 —
– —
0.00113 – 1780099200

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Last Engulfing Top – – –