MyCryptoParadise_Nathan

SOL Breakout Alert! 🌟 Bullish Momentum on the Rise!

Long
BINANCE:SOLUSDT   SOL / TetherUS
💎SOL has recently broken out of a resistant zone and a cup and handle pattern, exhibiting a bullish market structure with signs of increasing momentum, as indicated by CHoCH and BOS.

💎Upon retesting the resistant area, it would be prudent to await the formation of stronger bullish candlestick patterns for confirmation. Once confirmed, we can anticipate price targets towards the next resistant zone. In the event of panic selling, a bounce from the Bullish OB can be expected, but confirmation via bullish candlestick patterns is essential.

💎However, if SOLUSDT breaks down below the bullish OB, it would be advisable to wait for clearer price action to form before considering any trading decisions.

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0

🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.