I am also confused about what problems might arise in SOL. But the technical chart on the daily time frame is indicating that SOL will crash in the coming time and could go below $50. I would be happy in the future if my analysis proves wrong. But if you are long in SOL futures or margin, you should definitely reconsider this once.
SAFE TRADING.. SOL IS NOT SAFU..
it seems there is no target for SOL. it's broken every resistance supper easy. I don't know any thing about FA of it. who knows? please clue me in.
anyhow, some thing is so clear, each resistance lines becomes supportive area, super easy.
pattern= FLAG
SOL / BTC
🌟 4H frame technical analysis 🌟
Form flag pattern
EMA 100 act as support
EMA 200 act as resistance
If ema 100 hold then we are going to restest ema 200 again
We can also see below in RSI potential hidden bullish div start in formation
Safest area to enter is after break local resistance and also break above 200 EMA
If that happens we can expect a...
Bullish pattern
As long as sol is holding above local support 21600sat-18600sat
We can see nice move to 27000-31000 level next resistance
**Buy the break
