SOL/USDT 1DInterval Chart Review
Hello everyone, let's take a look at the SOL to USDT chart on a one-day time frame. You can see how the upward movements have created an upward trend channel, in which we remain for now.
Going further, we can mark a strong resistance zone from which the price has gone up and is currently struggling to positively test this level, which may then result in an upward movement towards $156, and then we have visible resistance around $204.
Looking the other way, if the price falls below the previously indicated zone again, we have a visible support at $103, then a second support at $92, and a third support at $79.
Looking at the RSI indicator, we can see that for the second time we have bounced from a similar place, which creates a support line, while the STOCH indicator remains near the upper limit, so we should be cautious.
Going further, we can mark a strong resistance zone from which the price has gone up and is currently struggling to positively test this level, which may then result in an upward movement towards $156, and then we have visible resistance around $204.
Looking the other way, if the price falls below the previously indicated zone again, we have a visible support at $103, then a second support at $92, and a third support at $79.
Looking at the RSI indicator, we can see that for the second time we have bounced from a similar place, which creates a support line, while the STOCH indicator remains near the upper limit, so we should be cautious.
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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.