Technical analysis by joerivdpol about Symbol SOL: Buy recommendation (9/18/2023)

joerivdpol

SOLUSDT is all set. We've got strong support at the 0.618 Fibonacci level. Looking back at the Fibonacci extension from the start of the first wave in early 2021 and the correction down to $19.21, we can see a crucial support zone that SOL has consistently held. In my view, this marks the start of a new upward trend for SOL , suggesting potential upward momentum and bullish opportunities for SOL in the near futureUpward trend confirmed.SOL has already made an impressive jump to $39 and is consistently advancing towards its next resistance level at $49.5. My earlier prediction was spot on with a perfect call at $19.33. SOLUSDT SOLUSDSometimes a picture is worth a thousand words.SOLUSD is almost at its all-time high. From here, it looks ready to target the next resistance at $617.