SOL-USD (Daily)

82
1. Price Action

- Omega Trend: BULLISH
- Flow: BULLISH (… but soon oversold)
- Deviation: BEARISH (no confirmation yet though)

2. Technical Analysis

- Clear breakout of a two month long daily channel: BULLISH
- Lost in space between two strong levels: (usually) BULLISH

3. Moon Score

4/5 (BULLISH)

Two Scenarios:

1. We go straight to 49.25 then recharge for a bit
2. We retrace the recent pump to 45.5-45 area to meet buyers and send it to 49.25

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.