Solana
Long

SOLUSD BULLISH MOVEMENT

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Anticipating a possible bullish movement by SOLANA following with the current bullish run on they crypto markets.

We managed to bet a break above the 28/03/2022 high on the weekly.

This has been a very interesting high across the crypto markets.

If we continue to see the bullish run I will be looking at the 20/12/2021 High for a possible test of the high.

A break above the above high I will keep an eye out on the ATH at around 260

From a Weekly point of view it would be interesting to see if the buyers would hold above the 78.15 in cases of correction.
Note
Price is moving as anticipated towards the 20/12/2021 (198).

Need to see a break above this zone so as to give some more steam to the bullish bias.

On the other side we have some interesting lows to keep an eye out on. The first low we need to see buyers defend is 176.80

The final line of defence for buyers is the range between 159.20 - 165.84. Break below this zone might signal that the sellers are starting to shake thing up
Chart PatternsTechnical IndicatorsTrend Analysis

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