The way the two of these resistance lines were created look very similar to this recent spike SOL is experiencing. The way the two of them skipped along the new resistance line appear consistent with each other. So right now I’m leaning toward $230 being the new resistance level for SOL. I’ve been torn between $218 and $230, but I’m leaning toward $230 taking the two circled time frames into account.
I’m still learning here and would love to hear if I’m missing anything or if there is a better way to approach this prediction.
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