SOLUSDT Might Go up in its Bullish Channel
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Hi Traders, SOLUSDT on H4 after breaking above the Resistance and retest, is expected to continue its way up to the upper line of the Bullish channel.
⬆️Buy now or Buy at 33.15
⭕️SL @ 33.00
✅TP1 @ 38.00
✅TP2 @ 41.25
✅TP3 @ 44.07
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Solusdtidea
SOLUSD BUY/LONG (50.00 to Potentially 80.00 by September 2021)TICKER CODE: SOLUSD
Company Name: SOLANA
Industry: Cryptocurrency | Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Flag (Completed and Retraced )
2. Large Head & Shoulders Pattern
3. Fibonacci Expansion exhaustion at 4.236 near Take Profit Level
Buy Entry: NOW READY (50.00-52.00)
1st Partial Take Profit: 62.00 (June-July 2021)
2nd Partial Take Profit: 74.00-80.00 (September End 2021)
I would recommend holding some of these coins until the price change trend direction
Also, I would consider skipping 1st Partial Take Profit as it is relatively a strong trend at the moment
SOL 1D Careful, the end of growth is nearToday we present to your attention the analysis of the SOLUSDT trading pair.
We see that Solana is growing on the hype wave, with almost no corrections.
Share your thoughts and news in the comments that could lead to continued growth.
If we analyze purely, then what can be seen on the chart, we see a parabolic growth, almost already vertical.
Perhaps there will still be an impulse up to $62
But be very careful, because after such an increase there will be a -60-80% correction !!!
Which, by coincidence, falls into the liquid zone of $13-16
Below are some of our recent ideas, where there were similar situations on the charts and you can evaluate how they worked:
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FILUSDT
HOTUSDT
STORJUSDT
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