Hello Traders!
- Please push the like button if you like the content or drop a comment to share your idea!
- On Weekly time frame chart we can SOL trading in ascending channel( long term trend) yet if we zoom in towards 1D time frame chart we can see SOL is trading inside a falling wedge making lowers lows and lower highs, correction started in 7 November 2021 and might come to an end since buyers are ready to push price higher setting in a strong level support 135-138$ ( DEMAND ZONE )
-SOL price action has seen strong bullish momentum return this week. After a brief test of lower lows at $130 on the 10th of January, SOLUSDT quickly returned towards previous highs 157$, since a strong higher high was set, we expect more upside to follow as the market structure has become more bullish.
-Leading to a test of 150$-157$ local resistance, SOLUSDT is now ready to break higher and test further upside over the next days towards resistance level 165$
If failed to break resistance level we might see a pullback to our lower support 135$ and even lower
Good luck traders!
- Please push the like button if you like the content or drop a comment to share your idea!
- On Weekly time frame chart we can SOL trading in ascending channel( long term trend) yet if we zoom in towards 1D time frame chart we can see SOL is trading inside a falling wedge making lowers lows and lower highs, correction started in 7 November 2021 and might come to an end since buyers are ready to push price higher setting in a strong level support 135-138$ ( DEMAND ZONE )
-SOL price action has seen strong bullish momentum return this week. After a brief test of lower lows at $130 on the 10th of January, SOLUSDT quickly returned towards previous highs 157$, since a strong higher high was set, we expect more upside to follow as the market structure has become more bullish.
-Leading to a test of 150$-157$ local resistance, SOLUSDT is now ready to break higher and test further upside over the next days towards resistance level 165$
If failed to break resistance level we might see a pullback to our lower support 135$ and even lower
Good luck traders!
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。