Slothie

SOL/USD

Short
FTX:SOLUSD   Solana
The chart says that it's an uptrend but it also follows the parabolic curve. A parabolic curve usually has 4 bases (The rectangles that I've marked). By the third base, the price usually doubles which it did in this case. After the last run from the fourth base, the price usually goes back down to catch a breath. I'd love to see it keep going up but I don't see it going up in short term. Although I think it's going down now, SOL is worth keeping a lookout for.


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