TradingView
CryptoCheck-
Mar 20, 2024 6:04 PM

Solana - IMPORTANT Support Zone will be TESTEDΒ Short

Solana / TetherKuCoin

Description

β‹…
Hi Traders, Investors and Speculators of Charts

Solana is frequently trending due to steep fees of ETH. Even after a large increase, there is still great upside potential for the future. However, for the short term, a retets of a prominent support zone is likely after a near parabolic increase on SOL.

SOLUSDT is one of the altcoins I was watching for 2024 Altseason, as per previous posts in early January. βœ…

πŸ‘‰ Technical Indicator SHORT TERM is overbought indicating a correction is overdue
πŸ‘‰ Support zone at $153 is critical to hold
πŸ‘‰ Daily candles need to keep closing ABOVE this zone to avoid a potential H&S pattern.

Overbought indicates a correction is overdue:



If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.


_______________________

πŸ“’Follow us here on TradingView for daily updatesπŸ“’
πŸ‘Hit like & Follow πŸ‘

KUCOIN:SOLUSDT

Comment

β‹…
SOL : H&S pattern forming in the 4h:
Comments
Solana2DMoon
β‹…
Sorry happy liquidation
More