cryptoseedjohnny

SOL almost head and shoulders sweep then to moon?

Long
COINBASE:SOLUSD   Solana
It looks like BTC ETH and SOL are printing head and shoulders! Going into the weekend with this makes me feel we are going down to retest under the 163 support then bounce way up! Hopefully SOL will get above ATH this next series of moves! DIY this is NO Advice at all. Good luck!
Comment:
A little slower than I like but so far this thesis is playing out. I am relying on TA only and it is not disputable that after ranging on it for awhile SOL bounced at around 167 support and is now looking to create a bit of a higher low around 170. There may be a breakout this weekend but I'd say if not we will retest a little lower before another run to and past ATH! Do not believe ill placed bearish sentiment. Solana is the top asset class in this cycle and it is not because of Memes! There is too much good utility in the pipeline to deny that this asset class (SOL and all utility projects on SOL) will go way higher. SOL is severely undervalued. If Crypto continues to integrate into mainstream, a year or two from now SOL easily should be in the 1000/2000 level. To think otherwise is to be in complete and total denial! numbers are numbers and they DO NOT LIE!
Trade active:
SOL keeps moving right along with small bursts up, sidewinding periods, small retracements, and steady upwards movement. the 4 Hour View of last few weeks looks almost identical to BTC.BTC needs to break 786 at around 72K + and SOL needs to break 786 at 200.09. When we get thru - firmly - and can close above these levels - we will be on our way to higher resistance areas and perhaps a new ATH! Im loving not only SOL but the entire eco system growing rapidly and dominating. And what is in the pipeline only will make SOL a much more valuable asset. We may look back a couple of years from now and say - Gee I should have gotten alot more of SOL at 200 or 250 or definitely at 8 BUX after FTX :)) But hey - some irreverent naysayer here says SOL will go to 10 then a hundred (hahahaha) so maybe you have an EVEN BETTER chance. Not financial advice.
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