As far as I can see SOL must first brake the resistance at 112.7933 and retest it before I would buy it.
If it fails that then next support is at 82.1833
I am new to TA so I would really appreciate some feedback regarding this.
Yes, it is Solana’s digital currency, we have not yet entered the investment, so we must trade carefully until, to break the green zone and close above it a weekly candle, and if the market falls and completes the downtrend, we have distinct entry points within the yellow areas
Inverted Head and Shoulder Pattern.
Trendlines were greatly implemented in analyzing this one (1) day candlestick timeframe (TF) chart.
I believe the chart pattern says it all. Ultimately, we will be seeing ourselves at all time high soon, with Fib giving an insane take profit price.
Note that it is not compulsory that price action exactly follows the path drawn,...
I wanne give you my thoughts about Solano #Sol
i see a pretty big bull flag and indicators who are turning the right way.
Pretty early now so you could place your top loss pretty close for a good quality trade.
crypto markets are still boring, ive been starting to post some accumulation levels lately. and sol seems to be working out. these are just my opinion on levels and not financial advice. i posted this chart a few weeks back when markets were looking dumpy.
AB=CD pattern, Fibonacci retracement tool and trendlines were greatly implemented in analyzing this one (1) day candlestick timeframe (TF) chart.
Feel free to comment.
Kindly note this is not a financial advice. As we know, the cryptoverse is a highly volatile world. Do your due diligence.