SOL - Please Don't Stop The Music 🎵

2月17日Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 SOL has been overall bullish, trading within the rising channel in red.

Currently, SOL is hovering around the lower bound of the channel acting as a non-horizontal support.

Moreover, it is retesting a strong support zone at 100.0 marked in green.

🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.

📚 As per my trading style:
As #SOL is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📉 Of course, unless the 100.0 support is broken downward, then we will expect the bearish correction to start.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich