Technical analysis by Chefrusty about Symbol SOL: Buy recommendation (2/9/2025)
https://sahmeto.com/message/3235241
Chefrusty
Rank: 30713
Analytical Power:
0.7

Look at my busy chart, been keeping it all for the run...But SOL on 4hr is ready to breakout. may be a retest to 198.5 but both a falling wedge pattern with the red arrow and the measured move from the W pattern both break north somewhat like the Lark lines in yellow, to 216 not much in the way to 230, may snap northStop loss below the base of the WDownload the chart if you want and look at the greater trend lines on the 3-5 day time framesPerfect falling wedge breakout, retest, shot up to .618, quicker than I thought, back to test as support and now climbing out, come on BTC watch that for continuation
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$230First Support:
$198.5First Resistance:
$216Price at Publish Time:
$201.86