Long
Bullish on SOL but small correction is expected
SOLUSD is still in its uptrend channel. After yesterday's 10% up movement, it's expected to bounce off the middle line of the major channel and do some correction though. The correction is expected not to last any longer than a week at its worst. After breaking the bearish trend line yesterday, the correction is now expected to take that trend line as a support and reach new ATH bouncing off that range.
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.