SOL/BTC – 30M – SELL

The currency pair Solana/Bitcoin (SOL/BTC) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 0.00131 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00133 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Last Engulfing Bottom:’ candle pattern is discovered. The chart forms ‘Last Engulfing Bottom:’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

0.00133 – 0.00132 – 0.00135 – 0.00131 – 0.00128 – 0.00128 —
0.001318000 – 0.001317700 —
52.841811579756 – 49.33047406869 —
– —
0.00133 – 1783042200

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