Solana / SOLUSD is trading inside the 1day MA200 - MA50, being more than half-way through the bullish leg on the 5 month Channel Down.
On the previous bullish leg, the 1day MA200 caused a pull back near the 0.618 Fibonacci and then rebounded to complete the Lower High.
Sell on the short term and buy at 17.000, targeting 22.500.
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On the previous bullish leg, the 1day MA200 caused a pull back near the 0.618 Fibonacci and then rebounded to complete the Lower High.
Sell on the short term and buy at 17.000, targeting 22.500.
Follow us, like the idea and leave a comment below!!
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