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Bearish
keep#sol $SOL weekly chart based analysis #PriceActionAnalysis If we go through price action it is featured a very promising move till last week . #Volume is seen to be very involved for this rise . But it seems market has now stopped for taking breath and is ranging between 58 to 61 at the breakout level of 58 on hourly chart. #RSI is also one key indicator that is indicating over bought sentiment . My assumption is if market after long consolidation makes a down word move it will be stopped at 45. And if breakout upward it will reach up to level of 78. Share your thoughts on this .
keep#sol $SOL
weekly chart based analysis
#PriceActionAnalysis
If we go through price action it is featured a very promising move till last week .

#Volume is seen to be very involved for this rise . But it seems market has now stopped for taking breath and is ranging between 58 to 61 at the breakout level of 58 on hourly chart.

#RSI is also one key indicator that is indicating over bought sentiment .

My assumption is if market after long consolidation makes a down word move it will be stopped at 45.
And if breakout upward it will reach up to level of 78.
Share your thoughts on this .
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Bullish
#BTC $BTC #weekly #daily Data anylase on basis of candle chart and indicator . when you take a closer look at VOLUME in weekly chart you would find there is no VOLUME what so ever . Also RSI is indicating in over bought region . MY Assumption:- In coming two weeks we could see reversal in trend . Whereas in daily time frame sentiment is still bullish that might continue for 2 3 days . Volume in daily time frame is also not very promising ,besides that it might pull it to it's last high 37890.
#BTC $BTC #weekly #daily
Data anylase on basis of candle chart and indicator .
when you take a closer look at VOLUME in weekly chart you would find there is no VOLUME what so ever .
Also RSI is indicating in over bought region .

MY Assumption:- In coming two weeks we could see reversal in trend .

Whereas in daily time frame sentiment is still bullish that might continue for 2 3 days .
Volume in daily time frame is also not very promising ,besides that it might pull it to it's last high 37890.
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