#SOL
The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 111
We have a trend to stabilize above the moving average of 100
Entry price 115
First target 125
Second target 135
Third target 146
The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 111
We have a trend to stabilize above the moving average of 100
Entry price 115
First target 125
Second target 135
Third target 146
Note
First target 125 ReachedSecond target 135 Reached
Third target 146 Reached
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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.