Ben_1148x2

SOL/USD - momentum looks ready!

Long
BINANCE:SOLUSDT   SOL / TetherUS
Here is a look at a couple of different momentum oscillators, Fibonacci confluence zones, and Fibonacci time zones with $CRYPTO:SOLUSD. The price momentum oscillator has recently turned bullish. RSI has also entered bullish territory while the composite index implies continuation.

Several confluence zones indicate that 109 should act as an area of support, with overhead resistance starting between ~120-126, and a possible ceiling near 155. The prior sequence between the PMO and composite index pulled back slightly before continuing. The a Fib time zone coming up ~2/25 is a potential area for that to occur.

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