Solana
Short
Updated

Solana - TREND Indicators BEARISH

416
Using a Technical Indicator here which I use mainly to determine trend swings from a macro perspective. At least for the short term, SOL is bearish.

snapshot

We've lost a long standing trendline that has held since October 2023, which is around the time that the bullseason started.

This will all largely depend on what BITCOIN does in the short term - more info on that HERE:


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SOLUSD
Note
SOL : 4h looking extremely bearish for the short term:
snapshot
Trade active
SOL: First target reached, no sign of a turn-around:
snapshot

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