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Coinpedia-Market-Insight
Oct 18, 2021 5:51 AM

Solana technical analysis 

SOL / TetherUSBinance

Description

* Solana in 1D time frame forms a Symmetrical triangle
* Symmetrical triangle appears when the price consolidates between two trend-lines slightly sloping towards each other.
* Here the below Ascending trendline works as support for the price and the above Descending trendline as resistance
* If SOL breaks the above trendline we can see continuation of the trend.

Trade closed: target reached

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