Bullish bias for SOL based on falling wedge breakout potential supported by favorable multi-timeframe EMA alignment
Falling Wedge pattern detected on the weekly chart
✅ EMA (20) Levels
Daily EMA(20): 170.17
Weekly EMA(20): 162.80
Monthly EMA(20): 144.53
✅ RSI crossing/holding above 50 on daily
🎯 Trade Plan Idea:
Entry: Around 170.17
Stop-loss: Below wedge low or under 162.80 (Weekly EMA)
Target Zones:
179-180 — first key resistance
190.00–200.00 — wedge measured move target
Not financial advice.
Falling Wedge pattern detected on the weekly chart
✅ EMA (20) Levels
Daily EMA(20): 170.17
Weekly EMA(20): 162.80
Monthly EMA(20): 144.53
✅ RSI crossing/holding above 50 on daily
🎯 Trade Plan Idea:
Entry: Around 170.17
Stop-loss: Below wedge low or under 162.80 (Weekly EMA)
Target Zones:
179-180 — first key resistance
190.00–200.00 — wedge measured move target
Not financial advice.
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.
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.