On the Daily Chart a few positive observations for SOLUSD looking forward:
- SOL is bouncing of .786 FIB line like clock work.
- SOL has mean reverted and then some.
- SOL Making higher lows
- SOL Trend has changed upwards
Assuming this level holds I think we are bound for SOL changing directions in a positive way going into the new year.
BTC has historical dipped 2 since 2019 below the “oversold” line on the RSI and we are getting closer each day to that third cross in my opinion. That, plus the positive yellow line of price going down and yet the volume of selling on the MACD going down as well is looking great.
Looking for something similar from the the other two dips and an amazing bounce...
Looking at the Weekly here on BTC and seeing the last two time we dipped on the RSI to the oversold side. We are floating really close to hitting it again for the 3rd time since 2019.
![SOLUSD: [Long] SOL-USD Fib Bounce to the Moon!](https://tradingview.sweetlogin.com/proxy-s3/l/l2lQ2YmW_mid.png "[Long] SOL-USD Fib Bounce to the Moon!")
![BTCUSD: [Long] BTC on 4 hr - Possible Triple Bottom](https://tradingview.sweetlogin.com/proxy-s3/p/pujGZtW1_mid.png "[Long] BTC on 4 hr - Possible Triple Bottom")
