Quick chart analysis of SOL in 1 day time frame where we can see a symmetrical triangle taking place right now, in the daily chart SOL has a bullish trend so this symmetrical triangle is more likely to break to the upside but anyways we want to wait till further movement confirmation.
Note
The symmetrical triangle is breaking to the upside right now, but we don't see much volume getting in as we would want to see.Note
A nice break to the upsideTrade closed manually
We saw a nice rally to the upside and a rejection at the previous ATH.This analysis is over now.
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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.