Evening Traders,
Today’s analysis – SOLUSDT – trading in a higher low structure where continuation is probable,
Points to consider,
- Price Action Corrective
- Dynamic S/R Support
- Range High Objective
- Low Volume
- VWAP S/R
SOLUSDT’s immediate price action is corrective, putting in a potential higher low structure, allowing for a bullish bias.
The Range High is current objective, exceeding this level will increase the probability of a trend continuation.
The current volume profile is below average, an influx is imminent when an expansion occurs.
Overall, in my opinion, SOLUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
Today’s analysis – SOLUSDT – trading in a higher low structure where continuation is probable,
Points to consider,
- Price Action Corrective
- Dynamic S/R Support
- Range High Objective
- Low Volume
- VWAP S/R
SOLUSDT’s immediate price action is corrective, putting in a potential higher low structure, allowing for a bullish bias.
The Range High is current objective, exceeding this level will increase the probability of a trend continuation.
The current volume profile is below average, an influx is imminent when an expansion occurs.
Overall, in my opinion, SOLUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
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Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
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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.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.