SOLUSD in correction channel! SOLUSDT
The uptrend initially moved upward in a channel with a low and soft slope ( The white channel).
Then the price started to grow with a jump move in an ascending channel with a high slope (more than 70 degrees) (in the blue channel)
Now, in order to reach the balance and also to continue the uptrend, it should form a channel with an angle of about 40 degrees to 45 degrees, and for this reason, it has a correction and a short downtrend ( micro-channel), and then it continues to move upwards in the Red channel...
SOLUSD/ Solana vs Tether | SOLUSDT
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Then the price started to grow with a jump move in an ascending channel with a high slope (more than 70 degrees) (in the blue channel)
Now, in order to reach the balance and also to continue the uptrend, it should form a channel with an angle of about 40 degrees to 45 degrees, and for this reason, it has a correction and a short downtrend ( micro-channel), and then it continues to move upwards in the Red channel...
SOLUSD/ Solana vs Tether | SOLUSDT
--------------------------------------------------------------
Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
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