Today, we got reports that the SEC requested SOL ETF issuers to update their filings which ignited the rally past $165. This boosts investor confidence- we should see good bullish volume in the near term, targeting $185.
US-China talks have also came back positive, awaiting both presidents' approval.
The first hurdle, still, is the 200SMA. Ideally, we want to see a bullish close above $168. This should be easily taken this week, if not today. From there, we aim for the near term high of $185 before zooming out to aim for $250.
US-China talks have also came back positive, awaiting both presidents' approval.
The first hurdle, still, is the 200SMA. Ideally, we want to see a bullish close above $168. This should be easily taken this week, if not today. From there, we aim for the near term high of $185 before zooming out to aim for $250.
Nota
We are on track to take $170 today! If it does happen, we will have SIX consecutive green daily candles so far. A pattern we have not seen since the very bottom of the bear market @ $8 in early 2023. What followed after that was a massive 50%+ increase in just 10 days.
It probably won't happen here, but a man can dream... :+)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.