Dear Friends,
As you can see obviously from my chart Solana reached to the top of the trend line on weekly time frame (the right side image) and we could find bearish divergence in RSI indicator aslo... in 4Hr time frame already breaks the important support line, as well (the left side image).
So, if Solana could not moves above this support line, bearish senario works well and market will be in favor of bear.
It would be highly appreciated if you share your idea on my chart.
Thanks.
As you can see obviously from my chart Solana reached to the top of the trend line on weekly time frame (the right side image) and we could find bearish divergence in RSI indicator aslo... in 4Hr time frame already breaks the important support line, as well (the left side image).
So, if Solana could not moves above this support line, bearish senario works well and market will be in favor of bear.
It would be highly appreciated if you share your idea on my chart.
Thanks.