SOL Is there even a “too high” level?
SOL has a crazy run recently. Even on the historic day 2 days ago it still closed Green and around 6% above Open.
However, is it too high now? MFI and similar oscillators did not mean anything on the way from 130-190 but now maybe?
I’m expexting a break below R2 (185) and a further pullback to 173 (0.618 fibo). Time to test the water with some small short orders with (tight) stoploss.
However, is it too high now? MFI and similar oscillators did not mean anything on the way from 130-190 but now maybe?
I’m expexting a break below R2 (185) and a further pullback to 173 (0.618 fibo). Time to test the water with some small short orders with (tight) stoploss.
Note
I forgot to say that 216 and possibly 221 (R3) seem to hold strongly as resistance.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.