SOL/BTC – 1H – SELL

The combination Solana/Bitcoin (SOL/BTC) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 0.00105 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.00108 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

And also a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.00108 – 0.00107 – 0.00106 – 0.00105 – 0.00105 – 0.00102 —
0.001071500 – 0.001062500 —
62.313121168827 – 48.234189675568 —
– —
0.00108 – 1781384400

Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Matching Low – – –