heroselohim

SOL Channel and Oscillation Scope

BINANCE:SOLUSDT   SOL / TetherUS
On the LEFT chart it is easy to follow an almost linear channel for the SOL path. This top gray line acts as a dynamic resistance, and even if SOL could break it and keep growing, probabilities show that price could do a BEAR short correction.

On the RIGHT chart it could be seen not much space for SOL to grow without attempting to break up outer channel resistances.

General scenario shows that SOL will keep growing, but it could proceed with an important bear correction at this very moment.

Just sharing my personal charts for learning purposes only. This is not an investment recommendation.

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