On the 4H TimeFrame SOL is putting together an amazing set of HH and HL, but on daily it appears to be pulling back.
The price has already risen from a strong support level of $79.00 - $82.00.
SOL is currently trading inside an uptrend channel pattern, with a sell-off taking place near the major resistance level of $124 - $129.
It's not the best moment to build positions, but below $100, it's a nice place to start.
I have drawn two possible price movements for you in the next few days. I will monitor this coin and make updates if necessary.
Also if I see short / long opportunities I will let you know in my channel (link in bio) !
The price has already risen from a strong support level of $79.00 - $82.00.
SOL is currently trading inside an uptrend channel pattern, with a sell-off taking place near the major resistance level of $124 - $129.
It's not the best moment to build positions, but below $100, it's a nice place to start.
I have drawn two possible price movements for you in the next few days. I will monitor this coin and make updates if necessary.
Also if I see short / long opportunities I will let you know in my channel (link in bio) !
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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.