Hi,
As the sol consolidated and u can see a clear picture of solusdt.
1- Price action @15Min and 1 hour it's rising wedges pattern and a flag pattern
At starting point 👉 1 there is a sign of sol over bought and a sharp fall.
2- Price action 4 Hour and 1 Day time frame,
We can see that a falling wedges pattern.
Conclusion - downfall still continues before to start the uptrend.
When break of Flag or rising wedges Will push down side for the target 15.250.
Happy treading
As the sol consolidated and u can see a clear picture of solusdt.
1- Price action @15Min and 1 hour it's rising wedges pattern and a flag pattern
At starting point 👉 1 there is a sign of sol over bought and a sharp fall.
2- Price action 4 Hour and 1 Day time frame,
We can see that a falling wedges pattern.
Conclusion - downfall still continues before to start the uptrend.
When break of Flag or rising wedges Will push down side for the target 15.250.
Happy treading
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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.
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.