Solve corrected already? On .618 support and in Falling wedge
Updated
Hello guys,
Here a new TA on solve, we have retraced to the .618 of the last move, normally a solid support level. Solve is also trading in an falling wedge, a bullisch continuation pattern. However, we have no confirmation of braking to the upside yet.
For me the bullisch case will be comfirmed if the price surges up to 0.00005000 and closes a daily candle above the falling wedge.
Will keep you updated.
Greetings, Corné
Here a new TA on solve, we have retraced to the .618 of the last move, normally a solid support level. Solve is also trading in an falling wedge, a bullisch continuation pattern. However, we have no confirmation of braking to the upside yet.
For me the bullisch case will be comfirmed if the price surges up to 0.00005000 and closes a daily candle above the falling wedge.
Will keep you updated.
Greetings, Corné
Comment
Now trading above the wegde, reached 5250 SAT, now testing and holding support above the green trendline at 4975 SAT. Beautiful bullisch confirmation.
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