SOL/BTC – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at 0.00105 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.00108 could happen.
Consider stop-loss settings accordingly.

And also a ‘Bearish Belt Hold’ candle chart pattern is existing. The candles show ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.00108 – 0.00107 – 0.00106 – 0.00105 – 0.00105 – 0.00102 —
0.001074400 – 0.001065200 —
61.823448871859 – 47.649334502581 —
– —
0.00108 – 1781384400

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