SOL: Van de Poppe Calls End to Bitcoin Correction
SOL at $76.8 holds bullish structure vs Bitcoin as Michaël van de Poppe declares correction complete and eyes fresh rally on 4h chart.
SourceAnalysis
SOL continues to outperform Bitcoin according to trader Michaël van de Poppe, who states the correction phase has ended and a new upward breakout is imminent.
Price trades at $76.8 above both the EMA50 at $75.34 and EMA200 at $75.17, confirming the longer-term bullish trend structure. With RSI at 58.42 remaining neutral and price still inside the Bollinger Bands, the next volatility expansion targets the upper band resistance at $77.49 while any pullback would likely find support at the $75.18 lower band or the EMA50 confluence zone.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast