SOL dropped down into $80s, it seems that it is going to form a pullback into $120s resistance level.
should SOL be able to break the resistance level of ahead, then it might move upward, otherwise, it might drop down into
20S, since there is not any such a strong support zone in weekly timeframe in order to support it from crashing down.
Just like almost other cryptocurrencies, the strength of SOL pullback relay on BTC's, hence, what so ever happen to BTC strongly will affect SOL as well..
This is a personal idea, and I am not a financial adviser
should SOL be able to break the resistance level of ahead, then it might move upward, otherwise, it might drop down into
20S, since there is not any such a strong support zone in weekly timeframe in order to support it from crashing down. Just like almost other cryptocurrencies, the strength of SOL pullback relay on BTC's, hence, what so ever happen to BTC strongly will affect SOL as well..
This is a personal idea, and I am not a financial adviser
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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.