Carried by the market, the price of SOL has risen. You can see that while BTC and ETH are halfway through their targets, ETH is still struggling in the quarter. Regardless, the market is positive, so the SOL's bearish power won't destroy the rally immediately. We can see from the daily scale that both the length of the green candle and the number of red candles are not bullish. The confidence of the bulls is not strong.
Conclusion: Mostly fluctuation. Benefiting from the rise of the entire market, SOL got rid of the possibility of continuing to fall. This time we set the support level as 100 and the resistance level as 118.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Conclusion: Mostly fluctuation. Benefiting from the rise of the entire market, SOL got rid of the possibility of continuing to fall. This time we set the support level as 100 and the resistance level as 118.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Related publications
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.
Related publications
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.