A possible bullish flag is under development, pointing to a price level 75-80$ which was the previous point of interest (Supp&Ressi). Fibonacci extension 61.8 is coming aligned with the flag pattern target at 140-145$. Additionally, the most recent resistance is coming from April 2022.
Let's see how will develop, a pullback at 75-80$ with a strong bounce back higher to 140-145$ range?
Let's see how will develop, a pullback at 75-80$ with a strong bounce back higher to 140-145$ range?
Trade closed: target reached
SOL has reach the target long time ago, though price currently retesting the level. Does it gonna hold for a bounce back? 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.