Hi all and welcome to this analysis on SOL-USDT;
this is the 4H chart and we see that SOL price is being firmly consolidating in a triangle;
I think this could go either way, but I think can upward movement is more likely.
The pattern we see here is similar to a bull flag, also the price has recently sprung back strongly from the 0.38 Fib ratio level shown.
Let's see how this pattern will develope
upward target: 210 $ or higher
downward target: 135-100 $
check for volume and confirmation in any direction if you want to trade this.
this is the 4H chart and we see that SOL price is being firmly consolidating in a triangle;
I think this could go either way, but I think can upward movement is more likely.
The pattern we see here is similar to a bull flag, also the price has recently sprung back strongly from the 0.38 Fib ratio level shown.
Let's see how this pattern will develope
upward target: 210 $ or higher
downward target: 135-100 $
check for volume and confirmation in any direction if you want to trade this.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.