After breaking below 200 and 100 ema on D TF at the level 22.6$ that was standing as support, retest of that support level, that is now is a resistance, could tell us about the confirmation of the continuation of the downtrend.
Currently #SOL looks pretty bearish, and I expect continuation of the downtrend towards to 18.36$ (where we have W FVG) and then to 14.95$ and probably below towards to 5 -8 $ per coin, if it wont manage to hold above M FVG level or 14.95$ (n.1)
If the coin will manage to stand above M FVG, then high probably that it will return to 18 - 19$, where it will be important to see the break above 19$ to continue its uptrend towards to 22- 25$ (n.2)
Or another scenario is that SOL comes to W FVG 18.36$, bounces and comes back to 22 $ to continue its uptrend. (n.3)
Currently #SOL looks pretty bearish, and I expect continuation of the downtrend towards to 18.36$ (where we have W FVG) and then to 14.95$ and probably below towards to 5 -8 $ per coin, if it wont manage to hold above M FVG level or 14.95$ (n.1)
If the coin will manage to stand above M FVG, then high probably that it will return to 18 - 19$, where it will be important to see the break above 19$ to continue its uptrend towards to 22- 25$ (n.2)
Or another scenario is that SOL comes to W FVG 18.36$, bounces and comes back to 22 $ to continue its uptrend. (n.3)
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.
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.