Hello Traders! CTDave here again with another daily price analysis chart.
Today I will analyze Solana (SOL). SOL is currently ranging inside a channel. Right now, it hit the bottom of the channel and it's probably headed upwards. A look at the RSI shows that it's almost oversold. I will not buy any until I see that it bottomed out.
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
Today I will analyze Solana (SOL). SOL is currently ranging inside a channel. Right now, it hit the bottom of the channel and it's probably headed upwards. A look at the RSI shows that it's almost oversold. I will not buy any until I see that it bottomed out.
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
