Sollong
SOL/USDT Price Prediction ®SOL Broke out of the descending triangle. We are looking bullish as of now if the RSI can stay above 54.64 we will remain bullish.
If the RSI drops below 49.06 we will most likely return bearish.
If we see a throwback and break below 11.4953 we will probably return bearish and drop between 10.3137 and 7.5305-
EMA 20 crossed the EMA 40 (2-hour time frame)
EMA 20 crossed the EMA 25 (1-hour time frame)
MA 50 below the chart (bullish) (4-hour time frame)
TP1: 17.6395
TP2: 19.3659
These are just my thoughts don't take this as financial advice. Like if you agree, any feedback is much appreciated :)
Conscious analysis of the upward trend of SOLUSDT 4HTechnical analysis regarding the price of SOLANA in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price gaining bullish momentum, bullish macro progression!
Parabolic SAR gaining strength and continuing to rise along with the price. Exponential Moving Averages taking parallel spacing and also moving sharply along with the upward trend price.
Price respecting this high channel. It broke through a strong region of resistance and historic maxim. I strongly believe in this price projection and in the next highs that the price will give.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***