#SOL
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, this support is at 150
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the moving average of 100.
Entry price: 156
First target: 160
Second target: 167
Third target: 173
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, this support is at 150
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the moving average of 100.
Entry price: 156
First target: 160
Second target: 167
Third target: 173
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.