SOLUSD has a confirmed bearish reversal in the monthly chart. Additionally it is threatening to break the trend line running from Nov-20.
Since SOL is at support may be there is a bounce or may be not. But if the trend line is broken, it will give you a good short opportunity.
Targets are 65.6(Bollinger band median) and then 47(Previous Resistance). But do not enter unless we have a confirmed break below the trend line.
Indicator:
Reversal Indicator
Since SOL is at support may be there is a bounce or may be not. But if the trend line is broken, it will give you a good short opportunity.
Targets are 65.6(Bollinger band median) and then 47(Previous Resistance). But do not enter unless we have a confirmed break below the trend line.
Indicator:
Reversal Indicator