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 .