SOL is Finished Retracing
Updated
So far as you can see from my chart analysis, SOL has retraced the price of $104.65 on the Fibonacci Retracement of 61.8% ratio. And there has also been a rejection at the price level of $101.19 at the WMA-100 line (Daily), after this we expect SOL to decline again in the near future. Indeed, in general, the movement of SOL and BTC is inversely proportional, so don't be surprised (my opinion).
Trade active
The profit target is ~$55, as shown by the Fibonacci Extension tool at a ratio of 161.8%.
Nb: This is not financial advice, so trade at your own risk. Thank you and happy trading.
Trade closed: stop reached
Already touched the stop loss point.
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