WaaaaSUP everyone, heres another idea out ther based on the 4 hour time frame.
So here we go, what do i base my anylsis ideas on and where do i think price is going to go towards based on probabilty.
1. Bouncing off good support
2. bounce/bouncing off bottom symetrical triangle pattern 50/50
3. macd histobars look like they want to curl up
4 stochastic rsi low
5 hidden bull div
6. money flow back in the green
7. vwap coming up
so ..... SOL could touch support (VAL) again at around $20.30 before making a move up to the top tendline of symetrical triangle pattern which is local VAH at 21.1, top violet line
sorry i should of marked these lines.
I see SOL breaking out and moving up to higher top trend line at around $21.5 to resistance 22.41
So there you have it my idea based on these probabilities :)
happy good friday everyone
So here we go, what do i base my anylsis ideas on and where do i think price is going to go towards based on probabilty.
1. Bouncing off good support
2. bounce/bouncing off bottom symetrical triangle pattern 50/50
3. macd histobars look like they want to curl up
4 stochastic rsi low
5 hidden bull div
6. money flow back in the green
7. vwap coming up
so ..... SOL could touch support (VAL) again at around $20.30 before making a move up to the top tendline of symetrical triangle pattern which is local VAH at 21.1, top violet line
sorry i should of marked these lines.
I see SOL breaking out and moving up to higher top trend line at around $21.5 to resistance 22.41
So there you have it my idea based on these probabilities :)
happy good friday everyone