Sol is going through some correction. At the time of writing this post, Sol is testing the $150 support level resistance is at $167. I expect further downside to $133 if we do not break above $167, 4 hour charts are oversold and we should expect the $167 resistance area to be tested again. If we don't break $167 we have strong support on the 4hr chart at
$133. We also have a strong support level on a daily chart at $122. During the past years September has always been the correction month. Long term I am bullish but on the short and medium term I am bearish. I will be looking to buy at $133 and $122 support levels.
Disclaimer: This is not Financial advise but my trading idea. Please like and comment if you agree or disagree.
$133. We also have a strong support level on a daily chart at $122. During the past years September has always been the correction month. Long term I am bullish but on the short and medium term I am bearish. I will be looking to buy at $133 and $122 support levels.
Disclaimer: This is not Financial advise but my trading idea. Please like and comment if you agree or disagree.
Comentário:
We found support at $150 and broke out of the resistances level $167. the next resistance to test is $170. If we stay above this area, the next target will $235 on the upside
