TradingView
TheCryptagon
Apr 11, 2024 7:46 PM

SOLUSD Will it rebound on the 1day MA50 or lower? Long

SolanaCRYPTO

Description

Solana / SOLUSD touched the 1day MA50 yesterday for the first time since February 24th.

That happens to be exactly on the long term dashed Channel Up.

If its holds the 1day MA50, buy and target 400.00.

If the 1day MA50 breaks, we expect a slightly lower bottom like on January 23rd.

On that occasion, buy when the 1day RSI hits its Support A Zone and target 330.00.

Previous chart:



Follow us, like the idea and leave a comment below!!
Comments
Sevenklp
could you share your analysis on RNDR ? Thanks
More