


JayEasy
EssentialThis is a possible scenario idea I have in mind for SOLUSD that I want to share with everyone. Keep in mind that this is not an advice to buy, it should be your decision to buy this specific asset. There are 4 reasons I am thinking that we are (still) on our way to a new ATH for Solana and why I am extremely bullish on this specific crypto asset: 1. The orange...
Looking at the downtrend (shown in orange) the 130$ support line will probably be retested again. When we hold the same support line, we can expect another retest of 146$. Hopefully with a good result 🚀! Anyway, I am buying some more if this will happen (going long from 130$) because there was enough volume at that level.
The 180 resistance will be tested again within the next 48h. If it fails again then we will probably go down (I assume back to 140).
We’re looking at the cup’s handle here. My guess is that we’re going a bit more down from this status in the upcoming 24h and then go up again. If it does not go further down the 160 then we will probably break through the 180 resistance and hit 200. Let me know your thoughts about it! :-)
Curious if the following will happen or not. What do you guys think?