SOL - Two Massive Longs Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 SOL is currently approaching an interesting zone as it nears the upper bound of the channel and its previous all-time high.
🏹For SOL to enter the price discovery phase and reach new ATHs, a daily candle close above $260 is required.
On the other hand, if it retests the green structure and the lower trendline, it would present a massive opportunity to accumulate at a discounted rate.
For now, we wait! ⏱️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich