SOL → Accumulation in the bullish trend continues ↑

13 août 2024

SOLUSDT after the shakeout relative to resistance and triangle support continues to consolidate again on the background of the bullish trend.
The priority of the figure is the continuation of the current trend.



The strong fall due to fundamental reasons: the US unemployment rate, profit-taking and panic are quickly bought back, bringing the coin back into the range, which in general hints us at a strong bullish component of the market.
After a retest of 162.45 resistance, a correction is forming, 0.5 fibo may be tested, or trend support before further upside.
Emphasis on triangle resistance, a retest or pre-breakout consolidation may be formed before a breakout.

Support levels: 141.2, 136.7, 126.4
Resistance levels: 162.45, 188.32

Fundamentally, the menet has a good potential. Technically, the price is in a sideways movement, but against the background of a global bullish trend. After consolidation, a distribution is formed and our task is to understand in time when this distribution can start...

Rate, share your opinion and questions, let's discuss what's going on with ★ SOLUSDT ;)

Regards R. Linda!

14 août 2024

Transaction en cours

A bounce from 141.4 is forming.

24 août 2024

Transaction en cours

The price is going to test the pattern resistance.
A correction may follow before the breakout and rally.
Watch the price reaction to the mentioned key zone.

25 août 2024

Transaction en cours

An attempt to break through resistance is forming