SOL will go up?

已更新
Let’s start by looking at the 1D chart:
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SOL experienced a significant decline from its high point of 38.75 to 7.535, followed by a price rebound to 26.826. Currently, SOL is consolidating between 26.826 and 19.459, and there is a chance of a bottom formation near the support level of 19.459.
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On the 4hr chart, SOL has broken through the downtrend line and found strong support at 20.351. The following targets can be monitored:
22.132
22.503
22.836
23.169
注释
After reaching the target of 22.132, SOL experienced a significant decline and fell below the support level of 20.351. This price drop could be due to Binance being sued by the SEC.
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快照
Currently, the price is near the support level of 15.49, showing a consolidation pattern as shown in the chart below:
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It is advisable to wait for a clear direction.
注释
19.459
注释
快照
After finding significant support near 19.459, SOL broke above the resistance trendline and formed an inverse H&S. However, it didn't experience a successful rally and instead declined after reaching a high of 22.284, breaking below the low point of the right shoulder, rendering the inverse H&S invalid.
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SOL dropped below the low point of 15.339 (breaking the box) and eventually rebounded at 13.160. Currently, it is worth monitoring the support range between 13.160 and 15.339.
FibonacciSOLSOLUSDsolusdtTrend AnalysisTrend Lines

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