Four-hour level symmetrical triangle formation characteristics of SOL

The symmetrical triangle pattern can be bullish or bearish, depending on the market. However, in either case, it is usually a continuation pattern, which means that once the pattern is formed, the market typically continues to move in the same direction as the overall trend.

When recommending trading techniques, pay attention to the upper and lower trend lines. If the coin price shows a unilateral breakthrough, you can enter the trade on the right side.

Currently, it is important to note the resistance at 152.5 and the support at 149. If it breaks below the lower trend line, the next four-hour candlestick rebound can be used to enter a short position with a stop loss at the resistance level of 152.5.

If it breaks upward, then in the next four-hour K-line a rebound can be entered for a long position with a defense at the support of 149.