Hi All,
Sol has finally broken free from it's shackles in the $130, breaking out into the late $140's before coming back to retest.
As you can see there's a hidden divergence with the confluence of an inverse H&S.
I expect the next area of resistance to be in the $160's.
If you zoom out into the weekly you can see Sol's just broken out from a multi-month inverse H&S. If it plays out Sol' price action should move to the mid $200's without too much trouble.
Cheers
BB
Sol has finally broken free from it's shackles in the $130, breaking out into the late $140's before coming back to retest.
As you can see there's a hidden divergence with the confluence of an inverse H&S.
I expect the next area of resistance to be in the $160's.
If you zoom out into the weekly you can see Sol's just broken out from a multi-month inverse H&S. If it plays out Sol' price action should move to the mid $200's without too much trouble.
Cheers
BB
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.