Something like this I would have liked to see in $BTC , but this time it is $SOL that did what I expected.
If you look at image 1 you will see SOL at #4H forming a range from 169-165, while the ADX makes its negative slope formation indicating, by strategy, a range or a fall. SOL does not fall but remains within the aforementioned range to resume its bullish path.
Very good for SOL, the truth is, the entries in this asset were from lower down as you will see in image 2 of the graph of #1D , said entry zone was around the price zone of 147-150 approx.
I did not see it even though I have SOL in my monitoring list.
We must not lose sight of this currency, this year alone, according to BINANCE, it has had a return of 440% per year, that is, if we had bought it in January and held it, this investment would have already had a return close to that annual estimate. I don't see it as bad for my way of investing 🤷🏻♂️ maybe for a scalper, it is not so profitable, but, for those of us whose intention is to invest in the medium term and we like tranquility within the chaos, these returns do suit us.
Good for SOL and good for those who have SOL in their investments.