"RSI above 80 isn't a ceiling, it's a trapdoor." - Overbough | New World Over on Binance Square

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Bullish

"RSI above 80 isn't a ceiling, it's a trapdoor."- Overbought Rally Rule
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If 168 price level is hit (70% chance of retesting), what should we expect next? If Volume is > than MA(5)(SOL), and 15m candle close below 167.33, it may drop to 165-163 price level. This bearish continuation has a probability of 55-60%. Else, a bullish reversal might follow if RSI(6) is < 20 with MACD bullish divergence, and volume is > 2 × MA(5), it can bounce to 170-171 (40-45% probability). What's your TA on this? Comment your opinion or forecast below. $SOL

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$SOL If a 1 hr candle closes at =/>162.50 with 350k (SOL) volume and MACD >+0.20, then we might see a breakout. TP 1: should be around 163 TP : should be around 165

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$SOL Bearish - Short term. 1D timeframe

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Don't follow the noise. Follow the bollinger, MAs et cetera, and look at timeframe correlation.

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