FenzoFx—Solana targeted the primary descending trendline after it broke the structure by closing above $164.5. While LTC, which is a cryptocurrency like Solana with a price range between $100.0 and $200.0, reached its previous monthly highs, Solana still lags behind.
Currently, SOL is testing the average volume weight at approximately $173.0, in conjunction with the primary descending trendline.
Forecast: With the primary support at $161.2, we expect SOL/USD to resume its uptick momentum. In this scenario, the price should target the order block with peak resistance at $182.6.
Currently, SOL is testing the average volume weight at approximately $173.0, in conjunction with the primary descending trendline.
Forecast: With the primary support at $161.2, we expect SOL/USD to resume its uptick momentum. In this scenario, the price should target the order block with peak resistance at $182.6.
Knowledge Should Be Free – And So Is Your Path to Trading Success.
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.
Knowledge Should Be Free – And So Is Your Path to Trading Success.
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.