We are in a mini bear market, 
BTC is not doing well and looks to keep going down for a few more days, this will inevitably bring all the altcoins down with it, 
SOL is no different.
But there are other factors at play here, the #rsi is still very high and needs to come down before the price goes back up.
So, I see a period of consolidation.
If we break the downtrend then we should see 0.0013 in the next 20 days or so ... with a wave going up and then down.
If we have a total break of #btc then we will probably break down for further lows
BTC is not doing well and looks to keep going down for a few more days, this will inevitably bring all the altcoins down with it, SOL is no different.But there are other factors at play here, the #rsi is still very high and needs to come down before the price goes back up.
So, I see a period of consolidation.
If we break the downtrend then we should see 0.0013 in the next 20 days or so ... with a wave going up and then down.
If we have a total break of #btc then we will probably break down for further lows
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.