SOL/USDT shows a recent re-test of the middle line of the Bollinger Bands. As we see, we had a nice push from there, but there is potential for another re-test of that same middle line.
We also see that the RSI's yellow line is still in the overbought zone, suggesting that the price could potentially decline as it did the last time it was in this condition, experiencing a 25% drop.
Swallow Team
We also see that the RSI's yellow line is still in the overbought zone, suggesting that the price could potentially decline as it did the last time it was in this condition, experiencing a 25% drop.
Swallow Team
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Keep an eye on us and you will not regret it. 😉
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.