Hello everyone, let's take a look at the SOL to USDT overnight chart. As you can see, the price has dropped below the uptrend line.
Let's start with the support line and as you can see, the first support is at $ 36.6, if the support breaks down, the next support is $ 28.73, and the next one is $ 19.54.
Now let's move from the resistance line as you can see the first resistance is $ 50.41, if you can break it the next resistance will be $ 58.64 and $ 66.12.
Looking at the CHOP indicator, we can see that the energy has been consumed in the 1-day range, while the MACD indicator shows a downward trend.
Let's start with the support line and as you can see, the first support is at $ 36.6, if the support breaks down, the next support is $ 28.73, and the next one is $ 19.54.
Now let's move from the resistance line as you can see the first resistance is $ 50.41, if you can break it the next resistance will be $ 58.64 and $ 66.12.
Looking at the CHOP indicator, we can see that the energy has been consumed in the 1-day range, while the MACD indicator shows a downward trend.
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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.
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.