Technical analysis by Encrypted_Yoda about Symbol SOL: Buy recommendation (12/27/2024)

On the Daily Chart a few positive observations for SOLUSD looking forward:- SOL is bouncing of .786 FIB line like clock work.- SOL has mean reverted and then some. - SOL Making higher lows- SOL Trend has changed upwardsAssuming this level holds I think we are bound for SOL changing directions in a positive way going into the new year.Making higher lows and looking strong on the daily, I am still very bullish here.Bullish flag formed with the higher lows, showing on the 4hr chart about 2 1/2 days left for us to see a breakout hopefully to the upside.Broker out of bullish flag! Successful breakout and took profits where I needed to. But, trend is still up, so if I was able to would be still in the trade.