dRends35

SOL - A Top Tier Coin Warming Up

Long
dRends35 Updated   
BINANCE:SOLUSD   Solana
Many altcoins warming up now and although their are many top tier sleeping dogs; SOL is not one of them, pushing on up here.

SOL is still only just above the previous high and may yet see a pull back before full breaking out, but its starting to look like the next wave up is underway as we looked at before.

Weekly RSI is now pushing into the top quadrant and this should be a big clue that momentum is firmly to the upside.

Such a complex correction but in the end it appears that it was just a 3 wave correction before a bullish impulsive wave.

A series of resistance shakeouts pushing through the yellow 50 week moving average before eventually pushing up and above; finding support and re-testing the 50MA as described in the weekend video.

So SOL is looking in great shape here and can be a good top tier coin to continue to average in on any small pull backs.

Those sub $20 buys are looking good now 🙂.

Not advice.
Comment:
Moving on up nicely.
Comment:
SOL up 75% since I made this thread.

Comment:
SOL

3 wave corrections in deep coins where the multipliers are and also 3 wave corrections in the coins that have pumped hard.

SOL looking strong as ever here.

Looks like another market melt up is coming 🤨.


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