SOL / TetherUSLong
🔥 SOL Massive Bull Flag: Break Out Soon
Over the last two months or so, Solana has been following a clear triangle pattern.
With SOL coming from a strong bullish phase in August, this pattern is classically a bullish pattern, so I'm expecting a bullish break out soon.
Couple of days ago we had a bullish fake-out. It seems that SOL needs more time in the triangle, although the end of the pattern is very near. I'm expecting a break out within now and a week.
Potentially SOL will go down again to test the pattern support. A bounce from there will most likely lead to a bullish break out.
I'm looking at the $165 to $175 area for potential profit taking in the short term. Longer term traders might want to target $200 or even the all time high. Keep an eye on this one!
Happy trading!
With SOL coming from a strong bullish phase in August, this pattern is classically a bullish pattern, so I'm expecting a bullish break out soon.
Couple of days ago we had a bullish fake-out. It seems that SOL needs more time in the triangle, although the end of the pattern is very near. I'm expecting a break out within now and a week.
Potentially SOL will go down again to test the pattern support. A bounce from there will most likely lead to a bullish break out.
I'm looking at the $165 to $175 area for potential profit taking in the short term. Longer term traders might want to target $200 or even the all time high. Keep an eye on this one!
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.