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deivid2555
Aug 22, 2021 9:18 AM

SOL - Rising Wedge. Possible correction before a new high. 

SOL / TetherUSBinance

Description

After a good rise and a new ATH I think that SOL will consolidate between FIB 1 and FIB 0.786 levels. Before that, rejection is needed around the FIB 1 zone.
A decent 15% to 20% should be expected. After the correction, I think SOL will test the new ATH zone maybe a new ATH breakthrough.
Invalidation if we break the new ATH before correction.
DYOR
Comments
InkyGrip
Nice analysis! I share your view. 🦐
deivid2555
@plancton0618, Thanks!
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