Hello everyone, let's take a look at the SOL versus USDT chart over 1 week. As you can see, the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 76, if the support breaks, the next one is $ 32.
Now let's move from the resistance line, as you can see the first resistance is $ 119, if you manage to break it, the next resistance will be $ 145 and $ 168.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1 week range, while the MACD indicator shows that we are in an uptrend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 76, if the support breaks, the next one is $ 32.
Now let's move from the resistance line, as you can see the first resistance is $ 119, if you manage to break it, the next resistance will be $ 145 and $ 168.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1 week range, while the MACD indicator shows that we are in an uptrend.
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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.