RubyLee
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$SOL test the bottom and successfully set up a reversal.
Will adjust to the area of $134 as the nearest, or further back to around $129-130 before testing the resistance area of $145 again. It is expected to reach the test point by tomorrow, after closing the 3D candle and also testing the 3D frame.
After that, it will go up to test the resistance at $145, and in my opinion, it will break through successfully. After breaking the resistance at $145 and testing successfully, $SOL will go up to test the area of $185-197, which is a major resistance area in the weekly frame and also a confluence zone with the larger broken uptrend line.
However, in my view, this is just a corrective wave. Buy to trade, not to hold.
Will adjust to the area of $134 as the nearest, or further back to around $129-130 before testing the resistance area of $145 again. It is expected to reach the test point by tomorrow, after closing the 3D candle and also testing the 3D frame.
After that, it will go up to test the resistance at $145, and in my opinion, it will break through successfully. After breaking the resistance at $145 and testing successfully, $SOL will go up to test the area of $185-197, which is a major resistance area in the weekly frame and also a confluence zone with the larger broken uptrend line.
However, in my view, this is just a corrective wave. Buy to trade, not to hold.
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