Technical analysis by BiggyBalls about Symbol SOL: Buy recommendation (11/7/2023)
https://sahmeto.com/message/552011

BiggyBalls
Rank: 3028
Analytical Power:
2.1

Fundamentals: Firedancer validator node upgrade expected around Q2 of 2024, pushing TPS over 1.2m+ for a single cpu core. Technical: Parallel channel on Log Scale showing strong support line. With similar timeline of 21 bull run, we get a target of 4380, slightly above the 1.618 Fib Extension with a blow off top.Might see corrective dip here from $65 to 30/40 levels. A dip, not a reversal of wider trend.
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$41.9