FieryTrading

🔥 SOL Waiting For Break Out: Bulls Are Feasting!

Long
FieryTrading Updated   
BINANCE:SOLUSDT   SOL / TetherUS
SOL has been one of the bigger winners of the last few weeks, seeing a 100% increase since the September lows.

However, caution is advised for the bulls. SOL has reached a very important area of resistance, so some profit taking is to be expected here.

However, with BTC looking great, I'd be surprised if SOL won't break through this resistance area. Personally, I'm going to wait for a break out and retest of the resistance before making an entry.
Comment:
Break out initiated. Waiting for potential retest of previous resistance as support!

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Binance Monster Signals: t.me/bms_futures

🔥Premium signals: www.fierytrading.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.