SOLUSDT: Diminishing Hope for Recovery on the Altcoins?
Hello Fellow Crypto Investor/Trader, Here's an Outlook for Solana or SOLUSDT!
Price Action Analysis
1. SOLUSDT has retested on the dynamic support (EMA200) and classic resistance area
2. Then, forming a Rising Wedge, the pattern indicates a bearish continuation pattern
3. Breakout of the pattern confirmed the possibility of the downside movement
4. The MACD Indicator also made a Death Cross, signifying the possible downside movement to the target area.
The roadmap will be invalid after reaching the target/resistance area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the SOLUSDT"
Price Action Analysis
1. SOLUSDT has retested on the dynamic support (EMA200) and classic resistance area
2. Then, forming a Rising Wedge, the pattern indicates a bearish continuation pattern
3. Breakout of the pattern confirmed the possibility of the downside movement
4. The MACD Indicator also made a Death Cross, signifying the possible downside movement to the target area.
The roadmap will be invalid after reaching the target/resistance area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the SOLUSDT"
Catatan
New Continuation Pattern Formed!Trading ditutup: target tercapai
Yup As we expected bear market isn't over yet!
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.