SOL / TetherUSPanjang
Solana is BOOMING and I'm still LONGing for $27.12
SOLUSDT
Since April 11, Solana's SOL has remained above the downtrend line, indicating that the bulls are not in a rush to secure profits. The 20-day EMA has started to rise, and the RSI is positive, revealing that the bulls are in a favorable position. Nevertheless, the bears are unlikely to relinquish their hold on the $27.12 overhead resistance easily. If the price drops sharply from this level, the SOL/USDT pair could plummet to the 20-day EMA.
If the price bounces back from the 20-day EMA with vigor, it will strengthen the chances of an upsurge toward $39. In contrast, if the price falls below the 20-day EMA, it will indicate that the pair may continue oscillating between $15.28 and $27.12 for some time.
Let me know what you think!
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Since April 11, Solana's SOL has remained above the downtrend line, indicating that the bulls are not in a rush to secure profits. The 20-day EMA has started to rise, and the RSI is positive, revealing that the bulls are in a favorable position. Nevertheless, the bears are unlikely to relinquish their hold on the $27.12 overhead resistance easily. If the price drops sharply from this level, the SOL/USDT pair could plummet to the 20-day EMA.
If the price bounces back from the 20-day EMA with vigor, it will strengthen the chances of an upsurge toward $39. In contrast, if the price falls below the 20-day EMA, it will indicate that the pair may continue oscillating between $15.28 and $27.12 for some time.
Let me know what you think!
Follow me for more TA!
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.