MikeXman
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since Apr 18, 2017
23k
beyondta
bitcoin
btcusd
chartpattern
crypto
cryptocurrency
eth
ethereum
futures
indicator
solana
technicalanalysis
trendanalysis
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KUCOIN:SOLUSDT Looking for Solana to break out of this consolidation pattern and follow suit with bitcoin. Seems like it is a bit delayed in the breakout and if the bitcoin long play continues, I have a price target of around 23 for Solana. Looking for a couple of bullish weeks for a healthy retest of the MAs before probably going lower once again.
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Should be in the clear to 23k. Forming higher lows for a while now, its fair to expect a bit of a relief pump. Macro outlook also could be better in the near future. Next fed meeting possible higher bps hikes priced in. next inflation print will probably be lower from the lag in gas prices
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