Get started
SOL / Bitcoin

SOL Shows False Breakout

By dlroWolleh
Updated
Solana has shown a false breakout and returned inside the triangle pattern. If the chart successfully breaks out again, it may be worth entering. A significant amount of energy has been condensed.
Note
It appears to be breaking below the support line. Caution is highly advised when investing.
Trade closed manually
It failed to break upward the triangle.
Bitcoin (Cryptocurrency)Chart PatternscryptomarketsolanasolbtcTrend Analysis
dlroWolleh

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.