SolanaLong
Sol looking like AVAX contraction
Sol is looking a lot like AVAX, or should I say AVAX is looking a lot like Sol. Sol is a great predictor for the altcoin market these days considering it has a 40 billion dollar market cap. This chart looks just as bullish as AVAX albeit having a few more sticks to create the wedge, I prefer candle bodies over wicks any day. Either way I expect this to break to the upside, and it looks to be testing it now. A strong bounce off the fib after some downward consolidation is needed for continuation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.