Since the high of the year above 30, SolUsdt started to drop and lost 30% of its value.
Now the coin is sitting on 20usd support and, considering yesterday's bullish engulfing and the steep falling wedge, it could reverse.
However, a clear confirmation comes only with the price above 22, in which instance, a rise to the 30 zone high becomes very probable.
Now the coin is sitting on 20usd support and, considering yesterday's bullish engulfing and the steep falling wedge, it could reverse.
However, a clear confirmation comes only with the price above 22, in which instance, a rise to the 30 zone high becomes very probable.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.