SOL is extremely undervalued in an intraday perspective.
Price action has broken underneath the KC and is working its way back into the channel. This is a sign of a pullback or potential reversal.
RSI is extremely low and the RSI line is about to cross over the EMA line, which is a bullish signal.
MACD and TSI is starting to converge, another sign of a pullback and potential reversal signal, if they cross and diverge.
Price action has consolidated and we've established a floor around 79.00 I may add onto this position as time goes on.
We will retest into our Ichimoku Cloud over the next couple days.
Price action has broken underneath the KC and is working its way back into the channel. This is a sign of a pullback or potential reversal.
RSI is extremely low and the RSI line is about to cross over the EMA line, which is a bullish signal.
MACD and TSI is starting to converge, another sign of a pullback and potential reversal signal, if they cross and diverge.
Price action has consolidated and we've established a floor around 79.00 I may add onto this position as time goes on.
We will retest into our Ichimoku Cloud over the next couple days.
