SOL Broke out of the descending triangle. We are looking bullish as of now if the RSI can stay above 54.64 we will remain bullish.
If the RSI drops below 49.06 we will most likely return bearish.
If we see a throwback and break below 11.4953 we will probably return bearish and drop between 10.3137 and 7.5305-
EMA 20 crossed the EMA 40 (2-hour time frame)
EMA 20 crossed the EMA 25 (1-hour time frame)
MA 50 below the chart (bullish) (4-hour time frame)
TP1: 17.6395
TP2: 19.3659
These are just my thoughts don't take this as financial advice. Like if you agree, any feedback is much appreciated :)
If the RSI drops below 49.06 we will most likely return bearish.
If we see a throwback and break below 11.4953 we will probably return bearish and drop between 10.3137 and 7.5305-
EMA 20 crossed the EMA 40 (2-hour time frame)
EMA 20 crossed the EMA 25 (1-hour time frame)
MA 50 below the chart (bullish) (4-hour time frame)
TP1: 17.6395
TP2: 19.3659
These are just my thoughts don't take this as financial advice. Like if you agree, any feedback is much appreciated :)