Long

SOLUSD LONG TERM IDEA

Mis à jour

SOL was one of the best performing coin in 2021. After Topping 250+ SOL dropped almost 90% to it's original ATH price.

if we look closely SOL is forming descending broadening wedge pattern. Which is bullish pattern.
if we take a look at weekly RSI and MACD both of them are quite bullish. VPVR indicator also showing strong support near 38-40$ area. that doesn't mean we can't go below this level. this is just technical analyses so we will just ignore the fundamentals for now.

SL: $37
TP: $70

if we break the wedge we will see further upward movement to 90$ - $115.

Disclaimer: this is not financial advice

Note

after the ftx everything is invalidated. i will publish more updates soon

Note

you can follow my new twitter account here

Note

twitter.com/crypto_slazy follow my new twitter account for more updates

Bitsleader

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.