Watching SOL closely here, treading lightly in the crypto space with all of the FUD surrounding pending regulations. However, SOL is looking quite nice here and is currently sitting right on its 200-Day EMA. Additionally, SOL is holding a big falling wedge with a little cup and handle at the end. Bullish on SOL long-term and will be watching closely for a breakout from this wedge- just some FIB levels along with some RSI based supply and demand zones to keep an eye on in the meantime
- Falling Wedge
- Cup and Handle
- Sitting right on its 200-Day EMA & Bounced off the .00 FIB Level
- Bollinger Bands are Squeezing (Not Pictured)
- Slight Bullish Hidden Divergence on the RSI on the 4-Hour Timeframe (Not Pictured)
- Buyer Volume Picking Back Up
- Falling Wedge
- Cup and Handle
- Sitting right on its 200-Day EMA & Bounced off the .00 FIB Level
- Bollinger Bands are Squeezing (Not Pictured)
- Slight Bullish Hidden Divergence on the RSI on the 4-Hour Timeframe (Not Pictured)
- Buyer Volume Picking Back Up