Everything about this chart looks pretty good. a series of higher low accumulation points since the bounced lows in July.
First aim would be to take out the highs it got rejected from at the start of November around $16.5, generally 3rd tap of resistance leads to expansion, so a move up to this area I would expect an extended move beyond.
Looking pretty strong...
Bull pennant playing out on 8h TF, consistent printing of higher lows on low and high timeframe with solid market structure - expect to form a cup and handles.
Would not be surprised to see quick expansion to first TP $3.2
Market looking incredibly bullish, BTC ATH today and everything moving up.
Doge still has a great narrative and has been in a long consolidation period and finally reclaimed Daily 200 EMA.
I expect this to go on a accelerated run over the next couple of months.
Run it back turbo, $1 min.
Solana structurally looking incredibly bullish, especially relative to other alts.
The $130 low sweep from September was met with a higher low in October at around $138 and has bounced strongly from there.
Fundamentally still in a very strong place as a competitor to Ethereum and other layer 1 solutions.
I expect it to close the gap on users and transactions...
After yesterday's market antics, it's important to see which coins/projects bounced the strongest and have the best fundamentals/use case going forward.
I've already posted about Solana (as have many), and had a trade set-up earlier in the year, but I think with the backing of Alameda this will go from strength to strength and is a fraction of Eth's market cap...
Fib extension TP points at both $25 and $40, likely will go much higher in longer term.
Strong fundamentals, ecosystem growing and part of the SBF holy trinity (never bet against Sam).
No S-L for me, will just add more lower.