🔥 Solana Retesting 1.5 Year Wedge: Another Leg Up?
Over the course of ~18 months or so, SOL has formed a falling wedge pattern. Falling wedges are bullish reversal patterns.
After two huge green weeks, this week looks like a minor correction is taking place. Thus far, we're only down 7%, which is nothing compared to the ~200% move we've seen since the start of 2023.
If the top resistance line of the falling wedge pattern holds, I'll start looking for a continuation of the uptrend. For a confirmation, I'd wait for SOL making a new high, $25.
Targets in blue.
After two huge green weeks, this week looks like a minor correction is taking place. Thus far, we're only down 7%, which is nothing compared to the ~200% move we've seen since the start of 2023.
If the top resistance line of the falling wedge pattern holds, I'll start looking for a continuation of the uptrend. For a confirmation, I'd wait for SOL making a new high, $25.
Targets in blue.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.