✴️ Solar Network Hits Bottom, Long-Term Potential Beyond 15X
Even if just by a few cents, Solar Network (SXPUSD) produced a long-term higher low November 2022 compared to March 2020.
This is a multi-year long higher low making this a strong bullish signal.
Back in 2020 what followed the All-Time Low was a massive 3,500% growth bull-market, we can see something similar in 2024.
In this chart, we are pointing out only the "consolidation range", which is the phase the market enters between major cycles.
✔️ After a bear market we get a consolidation phase followed by a bull-market.
✔️ After a bull market we can have a distribution phase followed by a bear-market.
Distribution is the inverse of consolidation, but both work the same way.
Anyway, once we hit bottom, the only place left to go is up.
This might be true for Solar Network, as the latest bottom is a long-term higher low.
The next All-Time High can be 10X, 15X or more.
Namaste.
This is a multi-year long higher low making this a strong bullish signal.
Back in 2020 what followed the All-Time Low was a massive 3,500% growth bull-market, we can see something similar in 2024.
In this chart, we are pointing out only the "consolidation range", which is the phase the market enters between major cycles.
✔️ After a bear market we get a consolidation phase followed by a bull-market.
✔️ After a bull market we can have a distribution phase followed by a bear-market.
Distribution is the inverse of consolidation, but both work the same way.
Anyway, once we hit bottom, the only place left to go is up.
This might be true for Solar Network, as the latest bottom is a long-term higher low.
The next All-Time High can be 10X, 15X or more.
Namaste.
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