Solanas set up here is slightly better than $BTC's because it has cleanly broken out of this triangle now and a retest of the breakout level should bring the price back to the 0.5 - 0.618 green fibs for a retest and higher support level, where we can also see the 50 Day MA moving up to this level too.
A hold between these fib levels is bullish and the target would be $266 at the top blue line then.
khaled rasmy
2024-07-29 13:26:50 +0000 UTC