Solana is in the bottom of an ascending channel. If it reach the tops, it can bring the price of SOL much higher.
RSI broke the downtrend in TF 4 hrs.
My entry price: $225 USD
SOL/USD Tp1: $260 USD
SOL/USD Tp2: $290 USD.
Use your own Risk/Reward Ratio.
What Is Solana (SOL)?
Solana is a highly functional open source project that banks on blockchain technology’s...
SOLETH graph made so bull filling for all the crypto till 2022
I think it will keep under redline in next future
But fib is showing that 1/5 of ETH for SOL is already in code, in a market, in technology, in psychology of us.)
Solana has been looking for oil since a couple of days. the downtrend against ETH is quite steep.
However we can notice a first breakout today of this downtrend. We can also notice that the MACD is slowing down and that the RSI had a small rebound.
I will wait to see how price action is going to react in the golden ratio zone.
I'm quite bullish on this project so...