Long
SOLUSDT - 4h - Bullish idea on Solana. Ready to resume the run?
Hello traders and investors,
Today we look at the SOL/USDT chart and the recent moves that happened in SOL/USDT. Looking at the chart, using the traditional channelling technique I see we are currently in an ascending channel within a long term ascending channel (primary purple).
Is Solana ready to resume the bull run? Will SOL hit the upper boundaries of the long term channel intersecting the short term? If so, for the current $150 we should see value appreciation around (or above) $410.
Let's see what is going to happen
Today we look at the SOL/USDT chart and the recent moves that happened in SOL/USDT. Looking at the chart, using the traditional channelling technique I see we are currently in an ascending channel within a long term ascending channel (primary purple).
Is Solana ready to resume the bull run? Will SOL hit the upper boundaries of the long term channel intersecting the short term? If so, for the current $150 we should see value appreciation around (or above) $410.
Let's see what is going to happen
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.