SOL / The Last 7 Months
How can Solana's last 7-month period be interpreted in 1 sentence?
Starting from March 1st, the price entered a sideways phase above $125, forming 3 high and 3 low regions and after the last low, it is retesting the midline of the 7-month downtrend channel.
What can be said about Solana's price direction in 1 sentence?
After forming 3 high and 3 low regions in the sideways range, the price re-enters the downtrend and as long as it doesn't break below, it is expected to form a 4th high region higher than the previous three.
What are the major price zones above and below?
The $175.5 - $184 price zone above and the $141 - $152.5 price zone below are significant. In other words, a price staying above $152.5 is positive and inclined to move towards the upper region.
Starting from March 1st, the price entered a sideways phase above $125, forming 3 high and 3 low regions and after the last low, it is retesting the midline of the 7-month downtrend channel.
What can be said about Solana's price direction in 1 sentence?
After forming 3 high and 3 low regions in the sideways range, the price re-enters the downtrend and as long as it doesn't break below, it is expected to form a 4th high region higher than the previous three.
What are the major price zones above and below?
The $175.5 - $184 price zone above and the $141 - $152.5 price zone below are significant. In other words, a price staying above $152.5 is positive and inclined to move towards the upper region.
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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.