Technical analysis by Joker1310 about Symbol SOL: Buy recommendation (6/4/2023)

Solana now moving intro rectangle channel with support area is 18.5-19.5 and resistance area is 26-27. On 1D chart, since second half of April Sol created a falling wedge and broke out of this pattern on May 23th. Now we can see Sol is fluctuating in small rectangle 20.2-21.3. So my ideal is buying Sol on this channel and wait for break up and continue with setup broke out of falling wedge. First target for this entry is 23 usd with middle resistance over there and far form here is 26-27usd when Solana completed target of falling wedge. We hit stoploss when price break down below small rectangle. RSI-indicator on 1D chart now is above 50 lever so we can get small risk and buy at price. And with scene May-sell month has ended, we have the righ to hope market will be bullish again when ETH now strongly more than BTC. Thank for watching my ideal. best for all <3