Bit Bull
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Sol signal update
$SOL coin
Short
On the 1-hour time frame, I’ve identified a symmetrical triangle pattern, which is a neutral chart formation. However, given the bearish sentiment in the market, SOL is more likely to break downward from this setup.
On the 4-hour time frame, there’s a falling wedge pattern, typically a bullish signal. SOL may rise to test the upper trendline, but it’s expected to reverse and continue its downward trajectory afterward.
In the weekly time frame, a bull flag pattern is forming. If SOL touches the downtrend line, it could present a potential entry opportunity for a bullish position.
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Short
On the 1-hour time frame, I’ve identified a symmetrical triangle pattern, which is a neutral chart formation. However, given the bearish sentiment in the market, SOL is more likely to break downward from this setup.
On the 4-hour time frame, there’s a falling wedge pattern, typically a bullish signal. SOL may rise to test the upper trendline, but it’s expected to reverse and continue its downward trajectory afterward.
In the weekly time frame, a bull flag pattern is forming. If SOL touches the downtrend line, it could present a potential entry opportunity for a bullish position.
Get daily new signals like this (2-4 signals per day) by following these simple steps:
Join my Binance LIVE for more information and signals update
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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