These are just my analysis and predictions on SOLUSDT that I would like to share. This is not financial advice.
SOLUSDT Has many bullish signals in place. These include
1. Higher low after a series of lower lows 2. RSI Divergence from Sept. 22 3. Price hit strong support a few hours ago(light blue horizontal line) 4. Latest candle breaks Green moving average indicating an upcoming upmove
However for confirmation we still need to break the fat red line and the 99 SMA(purple) if SOL will be bullish.
I also predict an uptrend channel is forming(yellow lines).
What do you think about this analysis? Liking this post and following is appreciated very much! Comment down below on your Technical Analysis
Note
This didnt age well, went in the opposite direction.
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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.