TradingView
shaviYA
Sep 19, 2021 4:34 AM

SOL Update. Short

SOL / TetherUSBinance

Description

There is a huge gap between SOL and 200 EMA. Indicates a large price range. My prediction is that SOL prices may fall slightly in the future with the rise of BTC.

My technical reason for this is that I guess SOL has now taken the form of a 1D large triangle, and that some people who traded with SOL are allocating money to trade with other ALT Coins as the BTC price rises.

But this is likely to change at any moment. The reason is that large NFT investments on the SOL Blockchain have an impact on SOL as well.
Comments
LexConsults
AXS did the same thing and made new all time high... till day 200EMA is still far from AXS so that's now a yardstick, I really think SOL is following AXS pattern of trend
shaviYA
@LexConsults, Yes... maybe as you say. and thanks for comment.
CryptoCheck-


SOLUSDT - Rotating Profits likely
CryptoCheck-
Good idea
shaviYA
@CryptoCheck-, thanks for you commens.
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