SOL/BTC – 30M – SELL

The combination Solana/Bitcoin (SOL/BTC) jumps from the bearish trendline down.

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

Caution: A possible counter-trend in the direction of the resistance line at 0.00111 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.

Moreover a ‘Last Engulfing Top’ candlestick chart pattern is discovered. The chart shows ‘Last Engulfing Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

0.00111 – 0.00112 – 0.00112 – 0.00109 – 0.00109 – 0.00111 —
0.001097900 – 0.001096900 —
49.048324635684 – 51.098822184757 —
– —
0.00111 – 1781834400

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