Hello traders.
in this idea we gonna look at SOL ,if you are already follow me ; absolutely you already read my previous idea about SOL , otherwise I recommend you to follow me , so you can takes advantage of my ideas.
So let's start with the weekly chart :
https://www.tradingview.com/x/Ex1CzNK5/
as you can see in the weekly chart price is about to reach very important level at 0.618 fib which is shown by the red box.
but for more information let's look at the daily :
https://www.tradingview.com/x/vDY5ndqY/
in the daily SOL price already broke out from the triangle and retest it as a support but you know the deal : volume is the key.
we haven't seen any huge volumes to come in the levels and price start to rising , I personally think there is high chance for SOL to comes back from the weekly resistance ( red box ) and retest the blue support line ; at that moment there is very good chance to open long position but for now just wait and see what's gonna happen.
in this idea we gonna look at SOL ,if you are already follow me ; absolutely you already read my previous idea about SOL , otherwise I recommend you to follow me , so you can takes advantage of my ideas.
So let's start with the weekly chart :
https://www.tradingview.com/x/Ex1CzNK5/
as you can see in the weekly chart price is about to reach very important level at 0.618 fib which is shown by the red box.
but for more information let's look at the daily :
https://www.tradingview.com/x/vDY5ndqY/
in the daily SOL price already broke out from the triangle and retest it as a support but you know the deal : volume is the key.
we haven't seen any huge volumes to come in the levels and price start to rising , I personally think there is high chance for SOL to comes back from the weekly resistance ( red box ) and retest the blue support line ; at that moment there is very good chance to open long position but for now just wait and see what's gonna happen.
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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.
Related publications
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.