There is a green Adam & Eve double bottom that attempted a breakout before consolidating in to pink falling wedge. The falling wedge is the handle to a cup and handle pattern nearing the end of consolidation. Price action is just below the 1hr 200MA in the pink handle. The bulls want to breakout above and stay above the yellow 1hr 200MA. As well as the top trendline of the pink handle to confirm the move. $SOL Bullish Targets 1) $96.067 2) $100.309 NFA, DYOR ⚠️ #Crypto #Trading #SOL
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$SOL 1Hr Chart Analysis
There is a green Adam & Eve double bottom that attempted a breakout before consolidating in to pink falling wedge.
The falling wedge is the handle to a cup and handle pattern nearing the end of consolidation.
Price action is just below the 1hr 200MA in the pink handle.
The bulls want to breakout above and stay above the yellow 1hr 200MA. As well as the top trendline of the pink handle to confirm the move.
$SOL Bullish Targets
1) $96.067
2) $100.309
NFA, DYOR ⚠️
#Crypto #Trading #SOL