Solana broke out of the parallel channel that it followed as BTC crashed into a new low. Once the low was in, it was “buy the dip” and SOL rebounded strongly, breaking out of that descending channel—only to fall into a new, albeit higher one.
IDEA: Buy at bottom of channel, sell at top of channel.
ONLY VALID AS LONG AS SOL STAYS INSIDE THIS CHANNEL.
IDEA: Buy at bottom of channel, sell at top of channel.
ONLY VALID AS LONG AS SOL STAYS INSIDE THIS CHANNEL.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.