$SOL... #Solana Potential Bullish Continuation Pattern.. 9-20%
Hello Traders,
Take a look at the chart.
We have a potential bullish continuation pattern forming on Solana's chart.
We've seen the resistance be touched four times now, which sets us up for a strong breakout, either to the downside or upside.
Price action has formed a Flag pattern with downward sloping volume, confirming the pattern.
There is strong resistance at the $241-244 range, upon a successful break above this resistance zone, we could look at targets of $255+-$285.
Giving us a 9-20% ROI potential.
Safe trader = Wait for a break above resistance.
Risk trader = Taking trade now w/ tight SL. (This is a higher risk on the weekends, as they present a higher level of volatility. )
Never financial advice.
Good luck!
Take a look at the chart.
We have a potential bullish continuation pattern forming on Solana's chart.
We've seen the resistance be touched four times now, which sets us up for a strong breakout, either to the downside or upside.
Price action has formed a Flag pattern with downward sloping volume, confirming the pattern.
There is strong resistance at the $241-244 range, upon a successful break above this resistance zone, we could look at targets of $255+-$285.
Giving us a 9-20% ROI potential.
Safe trader = Wait for a break above resistance.
Risk trader = Taking trade now w/ tight SL. (This is a higher risk on the weekends, as they present a higher level of volatility. )
Never financial advice.
Good luck!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.