SOL seems to be heading towards $215, an area of consolidation on the daily chart, and also the 38.2% fib level of the move up from 4 Nov to 22 Nov.
Wait for a reaction and daily candle close from that level to go long. Price should then hit at least $273 in the next leg up.
Wait for a reaction and daily candle close from that level to go long. Price should then hit at least $273 in the next leg up.
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That was fast. Price has bounced off $215 perfectly.
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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.