SOL has been trading in a bearish trend for the majority of November. With BTC making a big reversal a couple of days ago, so did SOL.
As of today, SOL has finally broken out of the downsloping dynamic resistance which connected all the tops of the last few weeks. This is for my the final confirmation we needed for a (short-term) trend change.
For now, targets are placed at $240 and $260 (ATH value).
Happy trading!
As of today, SOL has finally broken out of the downsloping dynamic resistance which connected all the tops of the last few weeks. This is for my the final confirmation we needed for a (short-term) trend change.
For now, targets are placed at $240 and $260 (ATH value).
Happy trading!
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