#SOL
The price is moving in a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a major support area in green that pushed the price higher at 236.
Entry price: 240.
First target: 243.
Second target: 246.
Third target: 249.
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change your stop order to an entry order.
For inquiries, please comment.
Thank you.
The price is moving in a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a major support area in green that pushed the price higher at 236.
Entry price: 240.
First target: 243.
Second target: 246.
Third target: 249.
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change your stop order to an entry order.
For inquiries, please comment.
Thank you.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.