Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 SOL has been overall bullish trading within the long-term rising broadening wedge in blue.
How high can SOL climb?
The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of the upper blue trendline and $200 round number.
Thus it would be a robust area to anticipate a potential reversal.
🏹 Meanwhile, as long as the $150 support holds, a continuation towards the $200 mark would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📈 SOL has been overall bullish trading within the long-term rising broadening wedge in blue.
How high can SOL climb?
The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of the upper blue trendline and $200 round number.
Thus it would be a robust area to anticipate a potential reversal.
🏹 Meanwhile, as long as the $150 support holds, a continuation towards the $200 mark would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal