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SOL / TetherUS
Long
Updated

SOLUSDT

505
SOLUSDT is all set.
We've got strong support at the 0.618 Fibonacci level.
Looking back at the Fibonacci extension from the start of the first wave in early 2021 and the correction down to $19.21, we can see a crucial support zone that SOL has consistently held.
In my view, this marks the start of a new upward trend for SOL, suggesting potential upward momentum and bullish opportunities for SOL in the near future

Note
Upward trend confirmed.

snapshot
Note
SOL has already made an impressive jump to $39 and is consistently advancing towards its next resistance level at $49.5.
My earlier prediction was spot on with a perfect call at $19.33.

SOLUSDT SOLUSD
Note
Sometimes a picture is worth a thousand words.

snapshot
Trade active
SOLUSD is almost at its all-time high.
From here, it looks ready to target the next resistance at $617.

snapshot
joerivdpol
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FibonacciSupport and Resistance

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.
FibonacciSupport and Resistance
joerivdpol
Also on:

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.