This recent movement of SOL has finally given people hope!
Actually, yesterday's market signals were quite clear—the W-bottom pattern had already formed, and the bottom structure was solid. Combined with the MACD indicator, a golden cross has already emerged, and bullish momentum is building up. With this kind of technical setup, the probability of a further rise is quite high.
Sometimes that's just how the market works: patiently wait for signals to appear, then decisively follow the trend. At the current level, all technical indicators are supporting a rebound expectation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
4
Repost
Share
Comment
0/400
TokenRationEater
· 12-09 13:49
Uh... double bottom? You said the same thing last time, and what happened? 😅
View OriginalReply0
LayerZeroHero
· 12-09 13:47
Here we go again? Double bottom, golden cross, bullish momentum... Last time you said this about SOL, it dumped right after.
View OriginalReply0
ImpermanentLossEnjoyer
· 12-09 13:43
Starting to look at technical analysis again? I'm tired of hearing about the W bottom. Last time you said that, it plunged right after.
View OriginalReply0
BearMarketBard
· 12-09 13:37
It's all about technical analysis and MACD again. Can it actually go up this time?
This recent movement of SOL has finally given people hope!
Actually, yesterday's market signals were quite clear—the W-bottom pattern had already formed, and the bottom structure was solid. Combined with the MACD indicator, a golden cross has already emerged, and bullish momentum is building up. With this kind of technical setup, the probability of a further rise is quite high.
Sometimes that's just how the market works: patiently wait for signals to appear, then decisively follow the trend. At the current level, all technical indicators are supporting a rebound expectation.