SOL/USD - Back to support before another attempt at ATH!
Solana made a nice attempt to break the ATH, but now it is correcting towards the $192 support.
If this holds, we may get another attempt, otherwise, SOL may fall lower to the next support level as indicated on the chart.
Nevertheless the breakout from the pennant in blue was amazing with few pullbacks and amazing rally. Congrats to those that rode this wave.
The 4h indicators are turning bearish, so watch out!
Like and follow if you liked this idea!
If this holds, we may get another attempt, otherwise, SOL may fall lower to the next support level as indicated on the chart.
Nevertheless the breakout from the pennant in blue was amazing with few pullbacks and amazing rally. Congrats to those that rode this wave.
The 4h indicators are turning bearish, so watch out!
Like and follow if you liked this idea!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
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.