Timeframe
1 Hour (1H)
EMAs Used
5 EMA
10 EMA
50 EMA
Market Structure
SOL has shifted into a bearish impulse–correction sequence on the 1H chart. Price broke structure to the downside and followed with a sharp impulse lower. The recent correction has failed to reclaim previous highs, and the 5, 10, and 50 EMAs are now aligned bearishly, supporting continued downside movement.
What I Want to See
I want to see SOL continue this bearish sequence, using any smaller corrections as fuel for the next impulse down.
Bias
Bearish.
1 Hour (1H)
EMAs Used
5 EMA
10 EMA
50 EMA
Market Structure
SOL has shifted into a bearish impulse–correction sequence on the 1H chart. Price broke structure to the downside and followed with a sharp impulse lower. The recent correction has failed to reclaim previous highs, and the 5, 10, and 50 EMAs are now aligned bearishly, supporting continued downside movement.
What I Want to See
I want to see SOL continue this bearish sequence, using any smaller corrections as fuel for the next impulse down.
Bias
Bearish.
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.
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.