SOLUSD currently in a confirmed ascending channel after touching the upper trendline multiple times. Here is what I would think would happen, with CPI looming ahead. The below scenario is quite likely.We had massive pumped over the last few days and today we had a confirmed breakout from the resistance at $15. We are looking for a short retrace down to maybe $16 or even to $15 to touch the lower trendline before another big pump to $20 which is the next fib point 0.382.
CPI is something to watch out for SOL, if the news is bullish we likely to see instant pump to at least to $20.
Overall i would say the current sentiment is bullish and we will continue to remain this price for some time, unlikely to drop below $15 anytime soon if CPI comes out good.
Not
Retrace happening prior to CPI data release according to plan. Stoploss set just under $15 as high volatility will happen. Ascending channel is still in play.Not
Profit taken at $24. Congratulations to those who followed. The ascending channel was broken out as well, will definitely need to rechart this. Will share more on new idea on what is next.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.