Obvious pump ahead. SOL is ready to take off soon. 🚀
Updated
On May 1st, the price reached a low point before preparing for a new upward movement.
- There was a bullish divergence in the RSI on May 1st.
- The middle trend line (blue) and the long trend line (green) on the three-line indicator crossed bullish.
- The price broke above the purple trend line.
We are now waiting for a retest of this line before potentially beginning an upward trend. 🚀 #sol
- There was a bullish divergence in the RSI on May 1st.
- The middle trend line (blue) and the long trend line (green) on the three-line indicator crossed bullish.
- The price broke above the purple trend line.
We are now waiting for a retest of this line before potentially beginning an upward trend. 🚀 #sol
Comment
Not such an obvious pump anymore. ... After the pump, SOL could enter a phase of contraction and consolidation in which it ranges within a channel, sets a new low to grab the sell-side liquidity, and then takes off.
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