EWcycles

SOL will not resist for so long

做空
BINANCE:SOLUSDT   SOL / TetherUS
I think SOL has 1more month of uptrend.
Volume and RSI is decreasing which gives a bearish divergence.
Futhermore it seems that the waves have 3 subwaves.
A breakout from the diagonal should decide if it´s bullish or bearish, but you must have rising volume during the breakout to confirm it because, if the volume doesn´t rise, it could be a false break out.
So very short time frame under one month => bullish
Longer than one month => bearish

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