$SOL in medium term
This is my points of view about the medium term for SOL.
Following the downtrend channel, the price has just finished 5 corrective waves and now turns to ABC or ABCDE in accumulation zone.
So, we need to consider about
1/ the breakout zone to get over the downtrend totally (>137), this resistance is very strong.
2/ the resistance zone to confirm the uptrend (>157)
3/ In case, the price can not get over the resistance, it will pullback to the accumulation zone to retest and confirm C (>100<) or D-E in the range of 80
NFA
Following the downtrend channel, the price has just finished 5 corrective waves and now turns to ABC or ABCDE in accumulation zone.
So, we need to consider about
1/ the breakout zone to get over the downtrend totally (>137), this resistance is very strong.
2/ the resistance zone to confirm the uptrend (>157)
3/ In case, the price can not get over the resistance, it will pullback to the accumulation zone to retest and confirm C (>100<) or D-E in the range of 80
NFA
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