We have seen that in its history it has gained from its ATL (all time low) to its ATH (all time high)
a + 20,000%, exactly twenty thousand percent in a year.
As you know, we live in a bear market moment that could have come to an end, so we asked ourselves how much could be earned by investing in SOL?
What technique did we use?
In a monthly chart with minimum and maximum points, we used the `` Fibonacci Extension '' a solid indicator that allows us to see the strength of the trend in this case of the macro trend.
The Fibonacci extension is set from the minimum point to the maximum point, retracing up to the trend change point or (if the bear market is finished) the local minimum of $ 25.
We can then automatically see the strength of the trend with the price and in green the percentage gain from the current price of $ 37.
What do you think?
If you liked the chart, please like and comment.
Thanks for reading.
LPI
a + 20,000%, exactly twenty thousand percent in a year.
As you know, we live in a bear market moment that could have come to an end, so we asked ourselves how much could be earned by investing in SOL?
What technique did we use?
In a monthly chart with minimum and maximum points, we used the `` Fibonacci Extension '' a solid indicator that allows us to see the strength of the trend in this case of the macro trend.
The Fibonacci extension is set from the minimum point to the maximum point, retracing up to the trend change point or (if the bear market is finished) the local minimum of $ 25.
We can then automatically see the strength of the trend with the price and in green the percentage gain from the current price of $ 37.
What do you think?
If you liked the chart, please like and comment.
Thanks for reading.
LPI