SOL/USDT Ranging in an ascending channel.

٧ يونيو ٢٠٢١

Hi every one
SOL / TETHERUS

SOL/USDT has been in an ascending channel this channel is still reliable! as you can see the price has been ranging between the upper line and lower line of this channel. and now It's time for it Dump a little bit. the price currently sits near the upper line of this channel. but the price can decrease because on MACD there are 2 bearish signs! as you can see the MACD line has just crossed the signal line which is a pretty strong bearish sign. another thing is that there is a Regular bearish divergence (-RD) on MACD as well which is another bearish sign! so there is a chance for a bearish movement to the bottom line of this channel and after that there should be a pump to the upperline of the channel.

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Thank you for seeing idea .
Have a nice day and Good luck