SOL/USDT Falling Wedge
There's a falling wedge forming with Solana, last time we saw a falling wedge pattern on SOL, the trend line broke up and we had a massive price increase.
However I'm waiting to see what BTC does, because I also can see a Rising Wedge on BTC, which would mean a reduction on BTC price which would take Altcoins down with it.
If BTC continues on a consolidation trend at this price level, its possible a position could be opened.
However I'm waiting to see what BTC does, because I also can see a Rising Wedge on BTC, which would mean a reduction on BTC price which would take Altcoins down with it.
If BTC continues on a consolidation trend at this price level, its possible a position could be opened.
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.