SOL / TetherUSUpdated SOL seems to have topped out
Solana had a massive run. With current market movement it seems to have topped. Uptrend is broken on daily timeframe and is currently retesting the trend line. Bearish divergence can also be seen.
Having said that given the overall bullish crypto market situation, chances are this could be the Wave 1 of last Wave 5. In this scenario we could be heading down to 75-100$ before heading for Sub Wave 3 and Sub Wave 5.
Having said that given the overall bullish crypto market situation, chances are this could be the Wave 1 of last Wave 5. In this scenario we could be heading down to 75-100$ before heading for Sub Wave 3 and Sub Wave 5.
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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.