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since May 14, 2021
coinbase
cryptocurrency
optionstrading
trendanalysis
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Price tends to move in pairs of two. Solana has an impulsive move after a steep selloff which indicated the bulls were entering the market. Price then consolidated while making higher lows. I’m now looking for price to make another impulsive move to the upside. Current price target is $37.00.
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Over the weekend crypto made a solid move to the upside. ill know be looking for Coinbase to follow suite. Price gapped up this morning and is currently trading sideways on the LTF. Normally id be looking for a pullback at market open before taking an entry but the opportunity may not present itself. Im looking at the $59 and $60 calls expiring 6/2/23 Price target: $65.00
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