SOL at a critical level - If it breaks down, we may see 100$!

Here's a quick look at SOL 2 hr chart. As we can see, the price has been forming a descending triangle and we could see a break soon! Definitely one to keep an eye on. If SOL breaks down from the descending triangle, the price could go down to 120$ and if that level doesn't hold, then the price will very likely come down to 100$.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.

Targets:

- Profits can be taken in the resistance zone .
1. 180$
2. 192$
3. 215$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D

Follow me for daily profitable trading setups

BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
altseasonaltseason2021Beyond Technical AnalysisBullish PatternsbullrunSOLsolanaSOLUSDsolusdtTrend Analysis

Experience our top-tier setups with our Premium Group for only 129$ Lifetime membership!

🎖Telegram: t.me/MBM_786kr🎖
Also on:

Related publications

Disclaimer