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Stoic-Trader
Mar 28, 2024 2:45 PM

SOL - Uptrend intact Long

SOL / TetherUSBinance

Description

SOL´s uptrend has been running as expected, and I believe there´s still some more upside left before a larger correction.

Dips in smaller timeframes are for buying.
Comments
guydraud
The uptrend is insanely strong since end of february and i'm still puzzled why many traders seems to not see this. The trend line has been tested many times and so far it acted as strong support. Some correction is to be expected some day of course, but there is no confirmation of a trend reversal yet. It seems to be currently printing a symetrical triangle between the spike from march 18 and the trendline. If it's not broke up (or down) early, maybe we'll have price compression in the upcoming days, the midpoint being around 188.5.
Stoic-Trader
@guydraud, couldn´t have said it better myself ;)
guydraud
@Stoic-Trader, I guess you have already seen but RNDR could be not far from being ripe for a breakup. It could give good milk if it follows the other AI coins (-:
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