SOL ascending triangle
SOL time to pay attention
Ascending triangle
3D
Clear upper boundary at 42
Bunch of wickbacks make the level clear and confirmed.
This LONG idea has a chance if market in general is ready to move up.
SHORT if SPY reverses and drags everything down with it.
Of course if SPY does not push higher then Bitcoin will not be able to make significant progress either. Which also means SOL is not going to spring up at any significant rate.
The move up could take SOL to 58-59 (40% move from breakout level)
If market in general takes a dive we most likely get SOL to reach 20 area
Ascending triangle
3D
Clear upper boundary at 42
Bunch of wickbacks make the level clear and confirmed.
This LONG idea has a chance if market in general is ready to move up.
SHORT if SPY reverses and drags everything down with it.
Of course if SPY does not push higher then Bitcoin will not be able to make significant progress either. Which also means SOL is not going to spring up at any significant rate.
The move up could take SOL to 58-59 (40% move from breakout level)
If market in general takes a dive we most likely get SOL to reach 20 area
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