SOL 🎵 Please Don't Stop The Music

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

Weekly: Left Chart
📊 As per our last analysis, SOL broke above the 50.0 round number signaling the start of the MarkUp phase, and then reached our around 130.0.

H4: Right Chart
📈 SOL has been bullish from a medium-term perspective trading inside the rising broadening wedge in red.

This week, SOL rejected the 130.0 and upper red trendline and traded lower.

Currently, it is sitting around the lower bound / red trendline acting as a non-horizontal support.

🏹 Thus, as long as the trendline holds, we will be looking for trend-following buy setups on lower timeframes.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich