The SOLANA is a great altcoin with huge potential in the future.
After the pomp in October, we can see a reverse head and shoulders which brought back the SOl to the bullish market, then it pomp again and breaks its last top-level and hit new price as top of its channel.
there is head and shoulders for correction that ended at the bottom of the channel.
According to the lower RSI and the price which settled down on the first support zone as well, we can expect a normal trend line from the bottom of the channel to the first FIBONACCI target.
after breaking 259 USD, we can wait for 280 to 290 USD as our target.
if you have any opinion please comment it.
thanks
After the pomp in October, we can see a reverse head and shoulders which brought back the SOl to the bullish market, then it pomp again and breaks its last top-level and hit new price as top of its channel.
there is head and shoulders for correction that ended at the bottom of the channel.
According to the lower RSI and the price which settled down on the first support zone as well, we can expect a normal trend line from the bottom of the channel to the first FIBONACCI target.
after breaking 259 USD, we can wait for 280 to 290 USD as our target.
if you have any opinion please comment it.
thanks