IOX-FX - SOLUSD - Bullish pennant pattern + 0.618 fib
Solusdt
We are looking for a long move, the price is at the 0.618 level of the fibonacci retracement.
The price maintains an uptrend based on the uptrend line.
At lower timeframes you might see a bullish pennant pattern.
It is advisable to wait for the confirmation of the bullish pennant pattern to confirm the upward movement.
Possible target: 282.28
We are looking for a long move, the price is at the 0.618 level of the fibonacci retracement.
The price maintains an uptrend based on the uptrend line.
At lower timeframes you might see a bullish pennant pattern.
It is advisable to wait for the confirmation of the bullish pennant pattern to confirm the upward movement.
Possible target: 282.28
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