At this point, a 500% bullish wave would be quite easy for this pair, SOLVEUSDT.
SolveCare has been testing the same support zone/level since December 2022. This is a long-term support.
This week we have a strong reversal candle, a DragonFly Doji. This candle is strong on its own but the fact that it is a higher low compared to mid-August gives it further strength.
Seeing the history of this chart, this reversal can lead to a fast and easy 500% bullish wave.
There can be more, there can be less... But considering the bigger picture, the breakout is likely to happen to the upside; We buy and hold, sell when it breaks.
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.