CryptoCheck-

Solana - TREND Indicators BEARISH

Short
CryptoCheck- Updated   
COINBASE:SOLUSD   Solana
Using a Technical Indicator here which I use mainly to determine trend swings from a macro perspective. At least for the short term, SOL is bearish.


We've lost a long standing trendline that has held since October 2023, which is around the time that the bullseason started.

This will all largely depend on what BITCOIN does in the short term - more info on that HERE:

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SOLUSD
Comment:
SOL : 4h looking extremely bearish for the short term:
Trade active:
SOL: First target reached, no sign of a turn-around:

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