SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) goes from the ascending trendline down.

A bearish movement downwards to the next support line at 0.00105 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.00106 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ” indicator signal is existing. The indicator shows ”. which could be a negative chart scenario. The currency pair could go down.

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Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

Also there is a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart forms ‘Bearish Engulfing’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

0.00106 – 0.00106 – 0.00105 – 0.00105 – 0.00104 – 0.00103 —
0.001049900 – 0.001063000 —
46.798584659201 – 69.90880857164 —
– —
0.00106 – 1781231400

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