#加密市场反弹
SOL skyrocketed by 75% warning!
Currency: $SOL
Signal Type: Long
From the chart, we successfully retested the 170 area, which is above the triangle pattern formed before on Solana. According to the golden 1:1 Fibonacci ratio of the trend, the target is right above our recent swing high of 284, and that area has ample liquidity as it is above an important high. I mentioned before that everyone can start building long positions, and since then it has already increased by 20%.
After breaking through the golden pocket, the next potential target we are looking at is the 1.618 ratio, landing at 351.
SOL 1-day chart
Bitcoin dominance has retreated from the golden Fibonacci ratio level. The weekly close is also below this ratio level. We are extremely bullish on altcoins right now!
BTC.D
USDT dominance has also retreated from the golden Fibonacci resistance level. Once it deviates from that area, we expect a decline.
USDT.D
TOTAL2 has held the most important support area. We are extremely bullish on altcoins!
TOTAL2
Trade Details:
Entry: Approximately 200
Take Profit (TP): 284 to 351
Stop Loss (SL): 160
Last night, US stocks closed up, and unless something unexpected happens, Christmas will be peaceful, so the market after Christmas is expected to be influenced by Trump's potential re-election. Therefore, this phase can be considered to enter a portion, and there are altcoins that can be speculated on, the targets have been chosen, and once they break out, they will double. For those with positions, let’s work together to layout this expectation!
