According to fib channels, since 2020 September we only see one time degradation of SOL in late December 2020 which responded from -0.236 and starts its rally.
Now we are in the same zone. and have two different scenario in hand:
1. Fib 0 is trying to support the price once again. if we lose this support, price will see 75-80 support level around Fib -0.236.
Do not want to share any worse scenario but it is also be catastrophic if price lose support of Fib -0.236.
2. As a positive scenario, Until the end of 2027 we will see the price will rush to the Fib 1 (Approx 1K)
We will see which scenario is going to be validated, but just fingers are crossed for the 2nd scenario.
Now we are in the same zone. and have two different scenario in hand:
1. Fib 0 is trying to support the price once again. if we lose this support, price will see 75-80 support level around Fib -0.236.
Do not want to share any worse scenario but it is also be catastrophic if price lose support of Fib -0.236.
2. As a positive scenario, Until the end of 2027 we will see the price will rush to the Fib 1 (Approx 1K)
We will see which scenario is going to be validated, but just fingers are crossed for the 2nd scenario.
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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.
Show your piety to your god. World needs your humanity.
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.