SOL next move could be bullish

Dec 23, 2023

Bullish outlook for SOL:

• Fib levels suggest potential upward movement in a bullish market.
  
• Retracement could reach the golden pocket area (marked on chart).
  
• SOL already touched key levels within the pocket (0.618 & mid-point).
  
• Reaching the top of the golden pocket (115) is a possibility, but not guaranteed.
  

Trading strategy (bullish scenario):

• Long entry at golden pocket retracement with stop-loss based on your risk tolerance.
  
• Move stop-loss to entry point upon profit, securing initial investment.
  
• Gradually book partial profits as price rises.
  
• Trail stop-loss upwards throughout the move.
  

Disclaimer: This is not financial advice, just a potential bullish scenario.

Dec 23, 2023

Note

Forget the golden pocket, SOL found the rocket ship and ain't looking back.