SOL has reached out to its full 4.236 fib extension using the previous rally top and bottom of the correction .
It did had a good reaction at 4.236 extension.
Most coins often stop at this extension but in case it continues to rally from here then the next target can be calculated by using the 0.236 on the top of previous rally whose 4.236 extension gives the top
Also SOL has been following a very similar structure that XRP followed last year.
It has precisely followed that fractal till now.
In that also placing the 0.236 fib on top of the structure gave the target.
However this is only possible if SOL is able to maintain levels above the current 4.236 fib using the top i.e 187usd.
#NFA
It did had a good reaction at 4.236 extension.
Most coins often stop at this extension but in case it continues to rally from here then the next target can be calculated by using the 0.236 on the top of previous rally whose 4.236 extension gives the top
Also SOL has been following a very similar structure that XRP followed last year.
It has precisely followed that fractal till now.
In that also placing the 0.236 fib on top of the structure gave the target.
However this is only possible if SOL is able to maintain levels above the current 4.236 fib using the top i.e 187usd.
#NFA