Solldy

SOLUSD ❕ price under liquidity

Short
FTX:SOLUSD   Solana
Solana has broken up the downward channel, but price is unable to break the resistance level on increasing volumes.
Price is above the major MAs (1H TF)
100MA broke up 200MA (1H TF)
SOL is under liquidity.
TD Sequential indicator has formed a reversal signal down (30m TF)
I believe that the price can correct down from the current level, if it will fix under the resistance level.
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.