SolanaLong
SOL on the resistance zone
Hello fellow traders! Currently SOL is on the verge of a possible break out of the month long downtrend channel.
The pros are;
the WEEKLY bullish divergence taking place. (shown on last chart)
The MFI has support at 70.
Price has support at 100 ma (4 hr)
*opinion* undervalued project
The cons are;
SOL is at the top of a month long resistance channel
RSI showing resistance at 60
Currently in downtrend
Let me know you're opinions :) Good luck and set stop losses!
The pros are;
the WEEKLY bullish divergence taking place. (shown on last chart)
The MFI has support at 70.
Price has support at 100 ma (4 hr)
*opinion* undervalued project
The cons are;
SOL is at the top of a month long resistance channel
RSI showing resistance at 60
Currently in downtrend
Let me know you're opinions :) Good luck and set stop losses!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.